POSTED BY August 5, 2012 3:35 pm ONE COMMENTON
I worked for my previous employer for 3.5 years and resigned in Aug.2007. At the time of resignation I had 38 days EL as balance in my account. Out of these 19 days EL could be encashed, as I resigned from service. Another due was the arrears generated due to implementation of 6th Pay Commission.
A few months back, in the month of Dec.2011, I received amount
A = EL encashment (for 19 days), and
B = Arrears due to 6th Pay Commission (for the period from 01.01.2006 to 31.03.2007).
Now please elaborate
1. Are the amounts ‘A’ and ‘B’ entitled for relief under section 89(1)?
2. How will these calculations (separately for EL & 6th Pay Arrears) be carried out by spreading the amount to previous years?
3. What to do with Form 10E?