cpc

computation of relief u/s 89 for family pension arrears


Hi,

My mother receives Family Pension from Central Government for many years. In 2012, she got arrears for the last 6-7 years (since Jan 2006) together.

While filing for her tax return now, I'm computing the relief she is entitled to under section 89, but computing the income tax she was liable to pay since Jan 2006 in each of the financial year.

I have a question related to calculation of the income tax. For example, in AY 2007-08, her income is coming around 1.65 Lacs. The slab rate is - 0 Tax for income less than 1.35 Lacs (she was not senior citizen as per the definition in that year). Now deduction a standard deduction of 15,000 her income comes to 1.5 Lacs. If it was the actual case then, she would have done investment of Rs. 15000 more in 80C so that there is no tax liability. 

Now while calculating relief u/s 89, can I use this logic of investment u/s 80C and take the relief?

Best Regards
Mohit

 
Reply   
 
ADVOCATE

YOUR QUERY - "If it was the actual case then, she would have done investment of Rs. 15000 more in 80C so that there is no tax liability. 

Now while calculating relief u/s 89, can I use this logic of investment u/s 80C and take the relief?"

 

 

Reply: No.  Hypothetical claims will not be admittedin income tax proceedings.

 
Reply   
 


LEAVE A REPLY


    

Your are not logged in . Please login to post replies

Click here to Login / Register  



 

  Search Forum








×

Menu

IPC Grand Course     |    x