Form 39: Simplify Tax Relief Claims on Arrears & Pension
Key Highlights
New Form 39 simplifies tax relief claims on salary arrears, pension, and gratuities under Section 157(1) of ITA 2025. Reduce your tax burden now!
The I-T department has replaced the old Form 10E with the new Form 39 for taxpayers to claim relief on salary arrears and specified receipts under Section 157(1) of ITA 2025.
Form 39 is designed to assist taxpayers in claiming relief on income tax when they receive salary arrears, pension commutations, gratuities, or final settlements that increase their income tax liability.
This form allows individuals to seek tax relief under Section 157(1) of the Income Tax Act 2025, ensuring that these payments are taxed appropriately, considering the years to which they pertain.
Taxpayers can use Form 39 to accurately calculate and claim the applicable tax relief, reducing the burden associated with increased income in a single financial year.