Relief when salary is paid in arrears or in advance, etc.

Relief when salary is paid in arrears or in advance, etc. https://www.taxtmi.com/acts?id=3782 Relief under section 89 applies where salary, family pension, gratuity, compensation on termination, commutation of pension, or other specified payments are taxed at a higher rate because of arrears, advance receipt, or lump-sum payment. The rule prescribes separate computation methods for each category, including year-wise apportionment where a receipt relates to more than one previous year, and notional recomputation of tax for gratuity, compensation, and commutation of pension. For other cases, the Board may grant relief as it deems fit. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 19 May 2026 17:27:59 +0530 TaxTMI RSS Generator Relief when salary is paid in arrears or in advance, etc. https://www.taxtmi.com/acts?id=3782 Relief under section 89 applies where salary, family pension, gratuity, compensation on termination, commutation of pension, or other specified payments are taxed at a higher rate because of arrears, advance receipt, or lump-sum payment. The rule prescribes separate computation methods for each category, including year-wise apportionment where a receipt relates to more than one previous year, and notional recomputation of tax for gratuity, compensation, and commutation of pension. For other cases, the Board may grant relief as it deems fit. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3782