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Is arrears received from employer taxable or not?
short by / on Thursday, 11 July, 2024
if someone has received arrears along with salary, will they be taxable? According to income tax rules, the answer is yes. Arrears are also taxable. But before filing your ITR with arrears, it is important to know some important things. Taxpayers should keep in mind that they can claim deduction on the arrears amount.
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