Taxability of arrears of salry

This query is : Resolved

Mehul Gohel (Querist)
Follow

10 November 2014 Whether arrears of salary received during the current year for earlier period is taxable on due basis or receipt basis....???

Problem :
C.Y. Slary : 760500

Arrears for 1-1-2006 to 31-03-2009 :
Total : Rs. 857455......
Actual Receipt in may 2013 Rs. 171491...

whether taxable is Rs. 857455 or Rs. 171491 ?????
also specify whether relief u/s 89 is to be consider on what amount..

Rupesh Jain

Rupesh Jain (Expert)
Follow

10 November 2014 salary will taxable related year, for that you can calculate the tax liability for related year and take relief u/s 89(1).

Message likes : 1 times

Mehul Gohel

Mehul Gohel (Querist)
Follow

10 November 2014 Sir first of all thanks for your prompt reply......but my question is that what amount of arrears salary shall be taxable in current year ??? i.e. 857455 or 171491 ???

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
Follow

26 July 2025 https://docs.google.com/document/d/10ePLLbzAv5_wFdlOgHltqNhHBGrzNE2UkC7VshBSCuc/edit?usp=sharing

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Dhananjay Singh

Hmr Babu

Mikilesh Shah

CA Jyoti Singh

Phani

Subscribe Now

Taxability of arrears of salry

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Article Assistant

GST CONSULTANT

CA Final

Manager- Finance and Compliance

Accountant