06 July 2017
Hi
Can anyone help me ?
A senior citizen receiving pension .....
He is not under tax limits from past 10 years ...
Due to some mis calculation he received less amount of pension from past 10 years ...
This year they found out the mistake and they received balance amount related to last 10 years as arrears of pension in current year ...
Is it taxable in current year?
arrears pension and current year pension total amounts to 8 lakh
11 July 2017
am I suppose to recalculate the tax for past 8 years ...
because the arrears related to last 8 years ..
should I file form 10e showing the 10 years salary?
CAclubindia
