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Calculation for relief u/s 89(1)

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21 March 2012 Sir,
How amount of relief will be calculated if amount of arrear & date of receive is known but the year to which it relates is not known.

21 March 2012 Dear Shabbir, for 89(1) you must know the year for which arrear belongs otherwise you can't calculate that year tax by adding arrear. in this case you have to pay tax like arrear is for this year. It will be added in this year and will be taxed.

21 March 2012 Agreed with the expert. In this case better to not claim 89(1) relief because year of arrears is most important to claim this relief. However you can find while while the employer paying these arrears he may notify for year related arrears paying if then also not possible then don't claim 89(1) relief.
OM SAI SRI SAI JAI JAI SAI


22 August 2012 Your arrears payment slip will have all these details.



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