Can any one explain how to show income tax arrears of Senior Citizen Pensioners received for last three F.Y. The amount is received in F.Y. 2016-17. Kindly advise how the show the effect while filing income tax returns.
10 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 15 July 2017
If you have received any portion of your salary in arrears or in advance, or your have received family pension in arrears, you are allowed some tax relief under section 89(1) read along with Rule 21A.
Kavita R
(Service)
(180 Points)
Replied 18 July 2017
Thank you sir. Can u also suggest where the navy pension arrears has to be shown in Form 10E There are 4 options: -
1) Salary Arrears
2) Gratuity Arrears
3) Commuted Pension Arrears
4) Compensation on Termination
I know that 2 and 4 are not related so kindly clarify if this pension has to be shown as SALARY ARREARS OR COMMUTED PENSION ARREARS ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 18 July 2017
- Commuted Pension which is lump sum payment received at the time of retirement
- Uncommuted pension which is monthly pension received by employee after retirement
Here the pension received is monthly pension, though received in arrears......
Which is equivalent to salary ............. So, 'Salary Arrears'
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 18 July 2017
Thank you for the Reply Mr Dhirajlal Sir...
It's very helpful for me. Bcoz, On pensioner also meet yesterday to me. I replied the same. But., Not Confident. Now., I confident....
It's very helpful for me. Bcoz, On pensioner also meet yesterday to me. I replied the same. But., Not Confident. Now., I confident....
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 18 July 2017
Now a days your confidance is on top !!!!!!!!!!
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 18 July 2017
Yes Sir...
You are Exactly Correct Sir.....
You are Exactly Correct Sir.....
Amitnegi
(student)
(24 Points)
Replied 29 September 2018
Hello sir,my father get army pension,i confuse what is gross pension .should i check from pension slip ,form 16 amoun is correct
Amitnegi
(student)
(24 Points)
Replied 29 September 2018
March pension recieve in april ..should i take that pension in at the time of filing return or not
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