Hii,
kindly advice if the tax is applicable on arrear amount..
Please elaborate your question .
5 Replies
Hemendra Negi
(26 Points)
Replied 25 July 2023
One of my relative got arrears of 10 lac towards last 10 years of arrears amount.. after new pension payout he is getting 4.80 lac PA. arrear amount he got after tax deduction..
NARENDRA
(ACCOUNTS MANAGER)
(1994 Points)
Replied 25 July 2023
Yes, tax will be applicable for that .............. .........
Hemendra Negi
(26 Points)
Replied 25 July 2023
Total amount or increased pension only means 10+ old pension or 4.80 lac
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