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October 2, 2021 Tax Relief

Now you can claim Tax Relief on Salary Arrears ! – Classic Associates, Tuticorin, Tirunelveli

Greetings from Classic Associates ! Tuticorin What is Tax Relief under Section 89(1)? As a salaried individual, if you receive any advance salary or arrears, you may have to pay taxes on the total amount received.Now the Income Tax Act allows tax relief on salary arrears under Section 89 via Form 10E filing. As a taxpayer, the following types of arrears received are taxable in the same year they are received Salary received in arrears or in advance Premature withdrawal from Provident Fund Gratuity Commuted value of pension Arrears of family pension Compensation on termination of employment To reduce tax burden on employees receiving salary arrears. Follow us for more updates www.classicassociate.com | support@classicassociate.com | 93444 17156 Auditing Office at

April 10, 2021 PAN

PAN-Aadhaar linking deadline extended to June 30, 2021

Greetings from Classic Associates ! Tuticorin Have you linked your PAN & AADHAAR yet? If not, better hurry! Last date to link PAN & AADHAAR is 30th June, 2021. Government extends the last date of linking Aadhar card with PAN card from 31st March 2021 to 30th June 2021. Know the easiest way to link Aadhaar card with PAN card at Classic Associates. We would love to assist you and glad to support you on all your financial needs. Contact us at: www.classicassociate.com | support@classicassociate.com | 93444 17156 Auditing Office at : Tuticorin (HO) | Coimbatore (BO) | Chennai (BO)