How to claim Tax Relief on Arrears while filing income Tax Returns?

How to claim Tax Relief on Arrears while filing income Tax Returns

How to claim Tax Relief on Arrears while filing income Tax Returns? As per the provisions of the Income Tax Act, 1961 the salary earned in a particular financial year is to be taxed as per the tax rates applicable for that financial year. But in many a cases, individuals may receive income in a particular financial year, which may relate to the earlier financial years, i.e. arrears of salary or in advance for future financial years. How to claim […]

» Read more