ITR Filing 2024: How can you get relief under Section 89(1) for arrear money? A step-by-step guide
Your tax bill may increase if you receive arrears or additional payments, which would put you in a higher tax bracket. In addition to pay, arrears may involve other sources of income. A comprehensive list of what qualifies as arrears for tax purposes is provided below: Any unpaid bonuses, allowances, or back pay are included in … Read more
