17 November 2015
If a government retired employee receives arrears of pension during the previous yr. Is there any provision related to arrears received in Income tax?
17 November 2015
Arrears of pension received is taxable as salary income in the year of receipt, if it was not taxed earlier on due basis. However, the assessee may claim relief U/s 89(1) for arrears for which you must have the data of salary and savings for the period of arrears.
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