If a salaried individual gets any portion of his/her salary in the form of arrears, they can claim tax saving under Section 89(1) on the same by filing the Form 10E. In order to claim tax relief under ...
If you have filed up Form 10E after filing of ITR, then the Income Tax Department might not allow the Section 89 relief claimed in ITR. When an employee receives advance or arrears from his employer, ...
Many people inquire how their salaries, received in advance or in arrears, would be taxed during a particular year. What must be understood is that tax is calculated on one’s income, which is earned ...