Forums › General Discussion › How are arrears of salary taxed?
I have received arrears of my salary. Are arrears of salary taxable?
Yes. However, the benefit of spread over of income to the years to which it relates to can be availed for lower incidence of tax. This is called as relief u/s 89 of the Income-tax Act.
Yes, It is taxable but with the relief under Section 89.
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