What is 'total income' for relief u/s 89 ?

Tax queries 674 views 7 replies

While Calculating relief u/s 89, if i have income from other sources like interest from savings account....whether i need to consider such incomes for total income or only the salary portion ???

Replies (7)

Total income including interest, not salary only.

@ manish thanks for ur reply.... i am also on same side....total income does mean income from all sources after providing deductions.....waiting for more replies for confirmity......
 

Yes you need to consider total income of the previous year not salry alone.

Yes Total Income icludes income from all the 5 heads.

to claim relief under section 89(1)

Form 10E is required to submit online also

thanks ramesh and brijendra for ur replies

@ dinesh : ya u r right without 10E no relief will be granted...thanks for ur reply !

You are Welcome


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