Lalit (Bikaner) 20 February 2016
I received arrears salary, and is amount deducted from arrear can be allowable u/s 80C as additional deduction for the previous years.
what is the meaning of arrear salar:-
Is is net of deduction u/s 80c or gross.
Shivani Mittal (Practice) 20 February 2016
Arrear Salaray means salary accured earlier but received now. Nature of deduction from such salary, reason for arrears and financial year to which such arrears pertains will be the deciding factors for allowance of such deduction.
Lalit (Bikaner) 20 February 2016
A Govt. employee receive arrear salary and department deducted gpf and others from his arrear salary.
Now these deduction are allowable from current year income or the income of the previous year from which they are belongs.
Shivani Mittal (Practice) 22 February 2016
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