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10E u/s 89(1)

PRITI BHAISWAR (Others) (50 Points)

09 November 2022

I have filed form 10E taking benefit u/s 89(1) last year in which I showed arrears of the period from F.Y. 2015-2016 to 2019-2020.

now, this year too, I got arrears of the same relevant years,

so my question is which taxable income I should show while filing 10E?

pls, I appreciate your guidance.

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6 Replies

sabyasachi mukherjee (26306 Points)
Replied 09 November 2022

Sec 89(1) relief form 10E

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (161157 Points)
Replied 09 November 2022

The one which you declared last year.

PRITI BHAISWAR (Others) (50 Points)
Replied 09 November 2022

But don't you think sir the total of the taxable income plus arrears shown in the last year should be the taxable income to be shown this year

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (161157 Points)
Replied 09 November 2022

Yes, that is what I have mentioned above.

Any income already been assessed till last year, would be exempt this year, only additional income should be declared this year.

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PRITI BHAISWAR (Others) (50 Points)
Replied 17 November 2022

sir please look into this

Attached File : 1318474 20221117153916 it 10e.jpg downloaded: 23 times

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (161157 Points)
Replied 17 November 2022

Any arrears for earlier years would be added to the already tax paid income declared in that year. The tax paid income would include any arrears included in following year.

If you have received any arrear for AY 2021-22, (FY 2020-21), then only it should be declared for last year.

But last year you had been given arrears for FY 2015-16 to FY 2019-20.

The arrears received in FY 2021-22 are for which year? is it only for FY 2020-21 or earlier years?

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