Treatment of interest on arrears of salary
This query is : Resolved
14 June 2016
Hi,
Can anyone explain me the tax treatment of interest on arrears of salary. Also can I claim relief under Section 89 as in the case of arrears of salary????
Can anyone explain me the tax treatment of interest on arrears of salary. Also can I claim relief under Section 89 as in the case of arrears of salary????
14 June 2016
yes you claim relief u/s 89 and intt. on arrear will taxable under income form other sources.
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