Income Tax and 10E Relief
10E relief has been claimed by many of those who have received their pay revision/DA arrear. They have to submit 10E form online first in order to file ITR.
If you have received a salary advance or if your income is in arrears, there are certain provisions under section 89(1) which allow relief. This relief reduces the chargeable income and can, therefore, reduce the amount of tax one pays on that chargeable income. Before they file their tax return, claimants should file form 10E.
Having a clean-up of your tax affairs can help you work out your tax liability from the previous year, including things like arrears and current years' liabilities. It is important to remember that 10E form must be filed before filing the Return of income.
10E Submission-Video by Alrahiman
10E Submission-Hand Book by Dr.Manesh Kumar E
While doing 10E relief, an understanding of this is imperative. Dr. Manesh Kumar E has prepared a handy guide, containing all the necessary information on various stages involved in 10E submission at Income tax portal. Click the following link to get information about how to submit 10E form at Income Tax e-filing portal.
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How to submit 10E form at Income Tax e-filing portal-Helpfile Prepared by Dr.Manesh Kumar E |
Related Downloads |
Income Tax e-filing in Income Tax Portal-Download eBook by Dr.Manesh Kumar E |