Taxability of arrears of salry

This query is : Open

Mehul Gohel (Querist)
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10 November 2014 Whether arrears of salary received during the current year for earlier period is taxable on due basis or receipt basis....???

Problem :
C.Y. Slary : 760500

Arrears for 1-1-2006 to 31-03-2009 :
Total : Rs. 857455......
Actual Receipt in may 2013 Rs. 171491...

whether taxable is Rs. 857455 or Rs. 171491 ?????
also specify whether relief u/s 89 is to be consider on what amount..

Rupesh Jain

Rupesh Jain (Expert)
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10 November 2014 salary will taxable related year, for that you can calculate the tax liability for related year and take relief u/s 89(1).

Message likes : 1 times

Mehul Gohel

Mehul Gohel (Querist)
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10 November 2014 Sir first of all thanks for your prompt reply......but my question is that what amount of arrears salary shall be taxable in current year ??? i.e. 857455 or 171491 ???

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