after the recommendation of 6 th pay commission, the empolyees are getting arrears of past year. as per recommendations 40% arrear is paid in this year & balance in next financial year.
my question whether 40 % amount is taxable this year or whole 100%.
in my opinion,100% amount of salary is taxable in year of accrual.
but general dobut among the people that only 40% amount is taxable. is govt come with any clarification in this regard.
please update me at the earliest.
it is very urgent
thanks

Does an application need to filled to income tax officer regarding claiming deduction under sec 89 before claiming the exemption?

the queries about the deductor partially bare of tds deducted amount. for example, commission paid to deductee Rs.1,000/- i am deducted 10.3% rs.103/-, out of this amount rs.100/- only to bare by deductee and the balance of rs.3/- bare by deductor.is it possible under the income tax act. suppose it is poosible rs.3/- which head it should booked? kindly clarify the queries.

I am in final ca & i want to go for other degrees like M.Com & LLB.
can i persue both together?

Flying allowance of employees of airline ..where is it taxable? is it DA or Conveyance?

after recomendations of sixth pay commission,empolyees are getting salary this year with arrear. govt are giving 40% arrear in this year & balance in next year. but my question is now regarding the taxablity of arrear amount.
whether whole amount is taxable this year or only 40% is taxable.
in my opinion,100% arrear amount is taxable in year of accrual but there is common doubt among the public that govt has come with a clarification that only 40 % arrear is taxable this year & balance is taxable in next year
have you any information this regard & please share with me on urgent basis.
thanks

Can anybody pls, tell me,,what are the changes in Income Tax for the Asst.yr.2009-10 - Significant changes (for the Preparation of PCE exam June'09)

I want to know what is the meaning of daily allowance for the pupose of calculating Rs.6000 rider clouse and 70% of actual received amount of flying allowance. allowance is received when an employee fly.
Employee get flying allowance when he actually travel .

whether Tds is applicable on inuaguration expenses for new office

Can anybody provide a clarification regarding notification 9/2009 dt.03.03.09 on SEZ .....does it mean now service provider will charge service tax to sez units / developer & sez will file claim for refund against specified services .

To sum up bills raised by service providers to sez will be chargeable to service tax .......is it correct.