News & Media 24th Apr 2026
Our Partner, Dipesh Jain a shares his insight in Business Standard , “Salary arrears increasing tax outgo? Expert explain how Form 39 may help.”
He highlighted that arrears can increase tax liability either because income crosses into a higher slab or due to changes in tax rates between years. Form 39 allows the taxpayer to recompute tax by allocating arrears to relevant past years and neutralising the excess tax arising purely due to timing differences. Filing Form 39 along with a belated or revised return can make the claim defective and challengeable. Relief does not apply to non-salary incomes such as interest or capital gains.
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