10 January 2009
One salaried person having physical disability as per U/s 80U - up to 50000.00 Rs.
He was receiving salary income Rs. 4000.00 per month and filing his return regularly from last 4 years. In which he had not sufficient income to claiming deduction U/s 80 U.
Now in year 2007 - 08 he was receive an arrears for last 3 years i.e. 2006-07, 2005-04, 2004-03.
Due to this arrears, after relief U/s 89 and deduction U/s 80 U he has to pay tax of Rs. 7500.00 in A.Y. 2008-09.
Because He has not sufficient income in previous years, so that he wasn't get any advantage of U/S 80 U. Now he is receiving an arrears which is his not this year income but it is for last 3 years income which he get in this year.
My Question is that - 1) is he get any extra advantage of U/s 80 U in this year. or 2) is he get any other advantage under any section expect U/s 89
Please give me reply as soon as possible and give any case law or circular or notification if it is.
CAclubindia
