hai friends,
i have received arrears of salary during the year 2019 -20 Rs.300000. PF is deducted Rs.60000 from this arrears of salary. for claiming relief u/s 89 (1) which amount is to be considered as arrears 300000 or 240000? please advice
Sowmya.S.Balan (Paid Assistant) (749 Points)
21 February 2020hai friends,
i have received arrears of salary during the year 2019 -20 Rs.300000. PF is deducted Rs.60000 from this arrears of salary. for claiming relief u/s 89 (1) which amount is to be considered as arrears 300000 or 240000? please advice
Raghav Jhunjhunwala
(51 Points)
Replied 21 February 2020
In my opinion, Rs. 3,00,000.00 is to be considered for calculations and Rs. 60,000.00 is to be treated as deduction under chapter VI