Relief u/s 89 for advance salary

Joseph Doyl (Article) (93 Points)

14 July 2014  

For computing relief under section 89, with respect to arrear or advance salary, tax rate for the years concerned with arrear or advance salary should be known.  How to calculate relief for advance salary under section 89, where advance salary received is salary for four succeeding years (as the tax rate for all four succeeding years are not available at present).