taxability of arrears of salary deposited in PF a/c

This query is : Resolved 

27 July 2010 If arrears of salary of last 15 years recieved and deposited in PF a/c whether it will be taxable. if yes whether rebate can be claimed

27 July 2010 ARREAR SALARY IS TAXABLE IN THE YEAR OF RECEIPT and whatever you deposit in the pf a/c will be allowable as deduction u/s 80c subject to the maximum limit.



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