i have client who has received arear of salary of rs. 6,00,000(six lakhs)and employer had deducted tds of rs. 60000 (sixty thousand.. I want to ask that whether this tds is refundable or not..????if yes than how nd in which section?? reassion for arrears of salary is increment of salary has been consider late by govt.due to certain reassion...
18 August 2015
Under section 89 of Income tax Act, you can claim tax relief in respect of arrears of salary received. Using Form 10E, you can work out your 89 relief amount.