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?
Menu
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.
Recent Topics :
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
Related Topics :
CAclubindia
