Arrears of salary
This query is : Resolved
19 July 2009
A government employee is receiving arrears of salary for last 3 years starting from FY-2006-07.The entire arrears are getting deposited in his PF Account(as per govt policy).He can not take benefit of 80C beyond Rs.100,000/- but he can take benefit of relief under section 89.
Can anyone tell me while calculating tax of last 3 years for relief u/s 89 can i revise deduction u/s80C? As entire arrears are getting deposited in PF.If anyother remedy please suggest.
Can anyone tell me while calculating tax of last 3 years for relief u/s 89 can i revise deduction u/s80C? As entire arrears are getting deposited in PF.If anyother remedy please suggest.
19 July 2009
Last three years 80C can't be revised because 80C deduction is to be considerd/allowed on payment basis.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
