7th pay commission da arrears: If you also do a government job and you have received arrear money, then this is news for your work. Those employees who get salary under the recommendations of the Seventh Pay Commission, they get tax exemption (Tac discount). can take advantage of.
7th pay commission update: There is big news for central government employees across the country. If you also do a government job and you have received arrear money, then it is news of your work that all the employees who get salary under the recommendations of the Seventh Pay Commission can take advantage of tax exemption. Before filing your income tax return, you should know how you can save tax on DA Arrear money.
Will get the benefit of tax exemption
Let us tell you that the employees getting salary under the Seventh Pay Commission can get the benefit of tax exemption on arrears under section 89. You can claim for tax relief. You need to fill Form 10E on the e-filing website to claim tax exemption.
Dearness allowance increases twice a year
The dearness allowance of the employees is increased twice a year by the central government, under which they get the money of DA arrears. The government changes the figures of DA arrears in the months of January and July. This time also it is expected that the government can increase the dearness allowance by 4 percent. So government employees can claim tax exemption on the amount of this arrears. The arrears of DA is transferred to the employees’ account.
What is the opinion of the expert?
According to experts, if you claim tax claim under section 89, you have to first file Form 10E. If you claim without this form, then you can get a notice from the Income Tax Department, so avoid doing so.
It will be written in the notice
In the notice issued by the Income Tax Department, it will be informed that you have not been allowed relief under section 89 because Form 10E has not been filed.
How to submit Form 10E-
- First of all you have to click on the official website http://www.incometax.gov.in.
- After that click on E-File > Income Tax Form > File Income Tax Form.
- Now here you will see 10E form. Now you have to select the year in it.
- Now after filling all the details, click on submit and then on preview.
- Now click on Proceed to e-Verify. After this, the e-verification page will open in front of you.
- After the completion of e-verification, you will get the message.
