A person has received entire salary of previous year in current years as arrears. Hence his salary as per Income Tax Return for last year was nil. Can he claim benefits of Standard Deduction Rs 50,000/- and other deductions under chapter VI A while filing Form 10E as the same was not utilised in last year's return?
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Query regarding Form 10E
Replies (3)
Quick Summary
No salary this year? he can claim for this year in return only.
If it's salary income then he can claim std deduction. Otherwise it can't.
He cannot take the benefit for py.
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