Most of the employees have get the arrears salary as their previous years, some employee have get the arrears from the Financial Year 2000-01 and on-wards financial Year, in this regard this Excel Based Software can prepare the Form 10 E from the Financial Year 2000-01 to Financial Year 2017-18. You can use this utility for calculate your Arrears Relief U/s 89(1) with Auto fill the Form 10E.
This calculator show two calculation of Income Tax ,one is on the basis of the receipt of salary/arrears and other is on the due basis of relevant years and if tax on receipt basis is more than due relevant years basis then relief under section 89(1) will be available otherwise nothing is available means no benefit in distributing the arrears in respective years.
How to Use.
1) You have to fill only White column only .after each entry an updating sign will be shown, after disappearance of the sign then only enter next data.
2) All White cell are not mandatory fill only which are required. fill zero where no figures are required
Section 89. Where an assessee is in receipt of a sum in the nature of salary, being paid in arrears or in advance or is in receipt, in any one financial year, of salary for more than twelve months or a payment which under the provisions of clause (3) of section 17 is a profit in lieu of salary, or is in receipt of a sum in the nature of family pension as defined in the Explanation to clause (iia) of section 57, being paid in arrears, due to which his total income is assessed at a rate higher than that at which it would otherwise have been assessed, the Assessing Officer shall, on an application made to him in this behalf, grant such relief as may be prescribed
Specified DDO CAN ALLOW RELIEF U/s 89(1)
Following employer may allow benefit u/s 89(1) if claimed by employee.
1.company,
2.co-operative society,
3.local authority,
4.university,
5.institution,
6.association or body
7.Govt State or center
8.Public sector undertaking
Click to Download Arrears Relief Calculator with form 10E from F.Y. 2000-01 to 2017-18
Main Data Input Sheet
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Automated Form 10E Annexute 1
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Automated Form 10E
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