Section 89 and arrears of salary

This query is : Resolved

SANJEEVKUMAR NOMULA (Querist)
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22 March 2016 Sir
We have received arrears of salary including transport allowance and cash medical benefit of previous three years .
Current year CMB is 13300 and TA is1330 pm.
How much amount can be shown as exception for the CY (2015 16 FY) IT calculation.
Including arrears CMB and TA crossing 20000.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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22 March 2016 in arrears calculation you have to take the amount what you have actually received after deduction and bifurcate to previous year which they belongs to and calculate tax of previous year as per slab. difference between accrued and receipt tax will be your relief u/s 89(1).