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TDS / TCS (Income Tax) – Information & Resource Bank

February 21, 2022

  • Income Tax
  • TDS

Section 89(1) Relief on Salary Arrears and Salary in Advance

TDSMAN3 years ago3 years ago07 mins

Relief is provided under section 89(1), if salary pertaining to another period is received in advance/ or in arrears during a financial year, leading to additional tax liability. What is meant by Salary Arrears? Arrears refer to “money that is owed and should have been paid earlier”. Salary received now for an earlier period is…

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Categories

software-released-banner-2024-25-no-offer-050224
tds-tcs-rate-chart
tm-show-video-yt
tdsman-banner-free-trial
enterprisetds-banner

Calendar

February 2022
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28 
« Jan   Mar »
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