An assessee is not eligible to claim any relief under section 89 of Income Tax Act, 1961, when he is in receipt of income as arrears or in advance during the previous year from his employer:

CS Executive · Tax Laws and Practice · PYQS · December 2018
An assessee is not eligible to claim any relief under section 89 of Income Tax Act, 1961, when he is in receipt of income as arrears or in advance during the previous year from his employer:
(A) in respect of gratuity
(B) in respect of commutation of pension
(C) in respect of arrears of family pension
(D) in respect of amount received on voluntary retirement or termination of services

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax Act, 1961

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic