U/s 89(1) relief on arrear (problem)

This query is : Resolved

Vishal (Querist)
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02 February 2015 MYSELF IS A GOVT EMPLOYEE WORKING IN EDUCATION DEPARTMENT. I HAVE RECEIVED MY ARREAR OF RS 61755/- (OF FY 2011-12)
IN CURRENT FY 2014-15. SHOULD I GET U/S 89(1) RELIEF ON ARREAR.

FY 2011-12
NET TAXABLE INCOME(WITHOUT ARREAR)=196640/-
NET TAXABLE INCOME(WITH ARREAR)= 258395/-

FY 2014-15
NET TAXABLE INCOME(WITHOUT ARREAR)=472829/-
NET TAXABLE INCOME(WITH ARREAR)=534584/-

I HAVE FILLED MY INCOME TAX RETURN OF
FT 2011-12 WITH RS. 1714/- AS INCOME TAX.

I WANT TO KNOW SHOULD I GOT U/S 89(1) RELIEF ON ARREAR. AND HOW MUCH RELIEF I GOT.

PLEASE TELL ME THE WHOLE PROCEDURE WHAT TO DO TO AVAIL THIS BENIFIT.

THANKS

CA NAVEEN SINGLA

CA NAVEEN SINGLA (Expert)
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02 February 2015 Yes Income Tax Relief as follows:-

Taxable Income(with Arrears) Rs. 534584/-
Tax on 250000/- Nil
Tax on 250000/- Rs. 25750/-
Tax on 34584/- Rs. 7124/-
Total Tax Rs. 32874/-
Less: Relief u/s 89(1)
Tax on Arrears as per Current Slabs
=Rs. 34584/-*.206=7124/-
=Rs. 27171*. 103= 2799/-
Total Tax =9923/-
If Arrears taxed in F.Y 2011-12
Tax on 61755/- is Rs. 6361/-
Relief u/s 89(1)= Rs. 3562/-

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