Exemption u/s 89, Salary arear

Platforms
1

In the financial year 2021-22, along with the salary, the arrears of 2020-21 have also come. In the financial year 2020-21, ITR has been filed from old tax regime, now I am filing ITR from new tax regime in 2021-22, so in 10E Can I calculate arrears under the new tax regime?

2

Hi @Ramesh

Yes, arrears are calculated under the new tax regime also, filing Form 10IE, in order to claim relief under Sec 89(1) of the Income Tax Act.

You can read more about it here.

1 Like