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Showing posts with label Automated Arrears Relief Calculator for F.Y.2018-19. Show all posts
Showing posts with label Automated Arrears Relief Calculator for F.Y.2018-19. Show all posts

Monday, 23 July 2018

As per section 89(1) of the Income Tax Act, 1961 relief for income tax has been provided when in a financial year an employee receives the salary in arrears or advance. As per Rule 21AA of the Income Tax Rules, 1962, Form 10-E has been prescribed for claiming the relief.