CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Arrears and tax


Dennis (.)     17 June 2019

Dennis
. 
 31 points

| My Other Post

My mom is a sernior citizen in her seventies...she is curretnly receiving the family pension of my dad...she recently received an pension arrear for a period of three years..the amount accounts for nearly 3 to 4 lakh...it has been credited under the title pension for the particular month.do arrears count as income..if so her total income now exceeds 5 laks for this financial year.i am thinking if i should file ITR for her in the next assesement year.can she get relief under any section..pls explain.

avater

Chatopadhya (student)     17 June 2019

Chatopadhya
student 
 40 likes  246 points

View Profile | My Other Post

Yes, relief u/s. 89(1) can be claimed for the arrears, if returns of relevant years were filed. You need to file form 10E along with return.

1 Like

Dennis (.)     18 June 2019

Dennis
. 
 31 points

View Profile | My Other Post

sir pls tell me how to deal with it if returns were not filed in the relevant years.

avater

Chatopadhya (student)     18 June 2019

Chatopadhya
student 
 40 likes  246 points

View Profile | My Other Post

No. Relief cannot be availed if relevant IT return not filed.

Better to save some money u/s. Sr. Ctz Acct or Bank FD eligible for 80C deduction.

If her taxable income is brought under 5 lakhs for FY 2019-20, there will not be any tax liability. Only return for AY 2020-21 will be required to be filed.

1 Like

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »



Trending Tags
GST Live Class    |    x