What if my relief comes under negative amount whether i have to paid tax or not?

Sir, I have bit confusion on calculation of arrears salary ,i want to know if the difference between total taxable amount and total taxable arrears amount comes in negative,that mean what?

Replies (19)

As per calculation of Form 10E, the negative figure suggests that it is better not to claim salary arrears, and pay the tax as per current year calculations only.

What exactly do you mean by total taxable arrears amt? in Form 10E.

If net relief is negative then you should take relief under 89(1) as nil

 

if total taxability is nil, you should not bother about relief

i hAve attached my file that negative balance is coming at the time of calculation 10E. so whether this negative indicate i dnt have to pay the tax, and if the difference is positve then that much amount i used to get relief, am i right.

Final figure of Rs. 537 is positive; it indicates that this much amount of tax can be claimed as rebate u/s. 89(1), out of the total tax liability of current year of Rs. 12772/-

i.e Your total tax liability for Ass Year 2016-17 is of Rs. 12235/-  (less Advance tax/TDS dedeucted; Add interest if liable)

Sir, last one i made a mistake in claculation on 10E now i have made rectified and attached file again,please have a look here one again.

Asper DATA and Table A column 3, Tax arrrars figure is Rs. 85215/- From where you brought 

Salary received in arrear or advance     Rs.105015/- in New Annexure I?

Doesn't match!!!

But Only considering New Annexure I as the final and rejecting earlier datas;

Herein the negative tax rebate means:: Not to go for tax rebate and take the arrears taxable in current year itself. So, finally total tax liability for Ass Year 2016-17 is of Rs. 12772/-  (less Advance tax/TDS dedeucted; Add interest if liable)
 

thank you very much

My Pleasure

SIR, 

If inegative relief in form 10 E is not reported it results in tax refund out of TDS on arrears deducted by employer on higher rate of 30% when no tax is payable during CFY on my pension. What is the way out.

As I have understood the last query, the TDS was deducted at higher rate, in any preceding financial year, but you could not claim the refund in that year........ Is that correct....

If not elaborate your query....

As I have understood the last query, the TDS was deducted at higher rate, in any preceding financial year, but you could not claim the refund in that year........ Is that correct....

If not elaborate your query....

As I have understood the last query, the TDS was deducted at higher rate, in any preceding financial year, but you could not claim the refund in that year........ Is that correct....

If not elaborate your query....

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details