Income-tax Act,1961
Act No : 43
Section :
Relief when salary, etc., is paid in arrears or in advance2
1 89. Relief when salary, etc., is paid in arrears or in advance2 (1) Where, by reason of any portion of an assessee's salary being paid in arrears or in advance or by reason of his having received in any one financial year salary for more than twelve months or a payment which under the provisions of clause (3) of section 17 is a profit in lieu of salary, his income is assessed at a rate higher than that at which it would otherwise have been assessed 3 [the 4 [Assessing] Officer shall, on an application made to him in this behalf, grant such relief as may be prescribed]. 5[(2) * * [89A. Tax relief in relation to export turnover.-This section was inserted by the Finance Act, 1982, w.e.f 1-6-1982 but was omitted by the Finance Act, 1983, w.e.f 1-4-1983.] ---------------------------------------------------------------------- 3 Substituted for "the Commissioner may, on an application made in this behalf by the assessee, grant such relief as he considers appropriate" by the Taxation Laws (Amendment) Act, 1970, w.e.f. 1-4- 1971. 4 Substituted for "Income-tax" by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988. 5 Omitted by the Finance Act, 1988, w.e.f. 1-4-1989. Prior to the omission, sub-section (2), as amended by the Taxation Laws (Amendment) Act, 1970, w.e.f. 1-4-1971 and the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988, read as under: "(2) Where, by reason of any portion of income from interest on securities being received in arrears, an assessee's total income is assessed at a rate higher than that at which it would otherwise have been assessed, the Assessing Officer shall, on an application made to him in this behalf, grant such relief as may be prescribed." ----------------------------------------------------------------------- 1.446
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