banner_ad

Treatment of Arrear Salary

Tax queries 320 views 2 replies

Mr.X Received Salary for F.Y2021-22 of Rs.986847 and Arrears for F.Y 2019-20 Rs.112548 and F.Y 2020-21 138478.

My Questions is

1) is Arrears Salary taxable in the hand of the assessee in the receipt of the year

2)is there any exemption available?

Replies (2)

1.   Yes, he can claim relief under sec. 89(1) of IT act

2.   get-help-with-salary-arrears

3.  guide/taxability-arrear-salary-relief-us-89

Arrears of salary either basic or DA will be taxable in the year of receipt.

You may get 1/3 of tax on arrears as relief ( Approximately)

How much was the taxable income for 2019-20 FY and 2020-21 FY ?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details