Master in Accounts & high court Advocate
9615 Points
Posted on 19 October 2024
Yes, you can claim the relief for arrears of salary in a revised ITR.
Here's how: 1. File a revised return (ITR) u/s 139(5) within the prescribed time limit (usually 1 year from the end of the relevant AY).
2. Include the arrears of salary in the revised ITR and claim the relief under Section 89(1).
3. Ensure you have the necessary documentation, such as: - Proof of receipt of arrears - Calculation of relief - Any other supporting documents
4. Submit the revised ITR and pay any additional tax due (if applicable). Note: - Make sure to mention the reason for revision in the "Reason for Revision" column. - If you've already received an intimation u/s 143(1) for the original ITR,
you'll need to pay any additional tax due before filing the revised ITR.