Menu
Relief u/s 89
A person received severance pay but it is not reflected in form 16 is he eligible to get relief u/s89. pls clarify.
Replies (5)
No. No relief is available now, it is assessed u/h. IFOS.
sir thanks for your response, but then what Rule 21a(c) talks about. please clarify
Technically, the severance payment is not considered as Salary, while the rule is for income under salary head.
it states if a person serves more than 3 years & terminated from company - then what are the income should be considered under this please clarify. Thanks
sir, how should we treat it, whether capital receipt or relief or it is entirely taxable please advise. Thank you.
Recent Threads
- TDS u/s 94T - applicablity on profit share.
- ITC for 5% Restaurant business
- Auto Sweep Facility In Fixed Deposit
- Live Updates and discussion on Union Budget 2026-2
- Taxation on Bonds
- How to learn about a deceased family member's inve
- Query about cash withdrawals and tax/ITR filing im
- TDS on partners remuneration u/s 194 T
- Income Tax Financial Year 2025-26
- GST Rate RCM
Related Threads
CAclubindia
