Salary&incentive relief u/s 89(1)

517 views 1 replies

Dear All,

I'm working in pvt company and my salary and incentive total amount is Rs.600000/- (rs.400000 & rs.200000) fy 2013-2014.

The company given form 16 for rs.600000/- but i have received rs.100000 only against incentive.

Shall I get relief under section 89(1) with Form 10E.

Please suggest immediately.

Advance Thannks

Sathis

 

Replies (1)

relief u/s 89(1) is claimed when you receive salary in arrears.... in your case you have received it yet... so cant claim 89(1) now.. tax your income on accrual basis now instead of claiming relief in coming years, doing this wont make any diff.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details