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.
Kavita R (Service) (176 Points)
15 July 2017Can 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.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166258 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)
(176 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.)
(166258 Points)
Replied 18 July 2017
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...!!!")
(127911 Points)
Replied 18 July 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166258 Points)
Replied 18 July 2017
Now a days your confidance is on top !!!!!!!!!!
RAJA P M
("Do the Right Thing...!!!")
(127911 Points)
Replied 18 July 2017
Amitnegi
(student)
(24 Points)
Replied 29 September 2018
Amitnegi
(student)
(24 Points)
Replied 29 September 2018
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