Salary Arrears Income tax Relief Calculator FY 2016-17– After the settlement of 10th Bipartite Settlement the
salaried arrears have been paid to the Individual employees with deduction of
Income Tax on arrears paid. Due to payment of Arrears at once for the previous
financial years the Income tax liabilities have been increased with change of
slab rate.
Since the arrears have been
paid for the previous year salary the taxation part should also be calculated
accordingly for each financial year. The bi bifurcation of arrears paid is
needed as per the respective financial year in order to get relief of Income
tax.
There is a provision in
Income tax to get the relief on arrears paid under section 89 (1), rule 21A
where the bifurcation of arrears can be made as per the
respected financial years and after filling the form 10 (e).
Click here to Download Automated ArrearsRelief Calculator U/s 89(1) with Form 10E from F.Y.2000-01 to F.Y.2016-17 ( Upto date Version)
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