In such cases, if a taxpayer’s tax liability increases due to arrears, they may be able to claim relief under Section 89 (1) ...

Receiving arrears may elevate your tax burden by moving you into a higher tax bracket. Section 89(1) of the Income Tax Act, ...

Form 10E is your go-to document if you want to claim relief under Section 89 for arrears or advance payments. You can submit ...

The Tshwane metro is chasing approximately R1.4 billion in electricity debt owed by ratepayers in the east of Pretoria alone.

The Teamsters is celebrating what it says is a first-ever victory to organize drivers at a Kroger fulfillment center.

BJP activists protest for effective disposal of drought relief funds and incentives for farmers in Mysuru. State government ...

A woman, Victoria Mutiso from Makueni county said she was contemplating selling her mother's land to raise funds to pay her ...

Union Minister Dharmendra Pradhan and party’s Sambalpur Lok Sabha seat candidate spoke to TNIE Odisha Resident Editor Siba ...

As you know arrears are payments meant for previous years but received in the current year. How is tax calculated on arrears?

If you want to claim relief on your arrear/advance income, Form 10E is a must. Track communication from the Income Tax department via an intimation under section 143(1) after your ITR processing is ...