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 ???
7 Replies
Honey
(Student)
(33 Points)
Replied 15 July 2016
@ 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......
ramesh
(article assistant)
(37 Points)
Replied 15 July 2016
Yes you need to consider total income of the previous year not salry alone.
CA Brijendra Tripathi
(Consultant)
(142 Points)
Replied 15 July 2016
Yes Total Income icludes income from all the 5 heads.
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 15 July 2016
to claim relief under section 89(1)
Form 10E is required to submit online also
Honey
(Student)
(33 Points)
Replied 16 July 2016
thanks ramesh and brijendra for ur replies
@ dinesh : ya u r right without 10E no relief will be granted...thanks for ur reply !
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