banner_ad

Arrears in income tax

226 views 2 replies

In fy 2018-19 excess salary was credited to my account mistakenly. and in 2020 this was recovered from arrears .and arrears shows a negative figure.i have already remitted tax for fy 2018-19. but not filed return for the same .so will I get refund if arrears are deducted from the income of that fy.

Replies (2)
You will get relief u/s 89
No relief / benefit is available under 89 as here is a mistake which happened in his case.

He has to file return with correct Salary Form 16, 26 AS . That means employer to rectify mistakes.

Do not delay filing return of income now and for that prior approval under 119(2) is must.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details