Relief When Salary Paid in Arrear or
Advance:
Under section 192(2A) where the assessee,
being a Government servant or an employee in a company, co-operative society,
local authority, university, institution, association or body is entitled to
the relief under Section 89(1) he may furnish to the person responsible for
making the payment referred to in Para (3.1), such particulars in Form No. 10E
duly verified by him, and thereupon the person responsible, as aforesaid, shall
compute the relief on the basis of such particulars and take the same into account
in making the deduction under Para(3.1) above.
Here
"University means a University established or incorporated by or under a
Central, State or Provincial Act, and includes an institution declared under
section 3 of the University Grants Commission Act, 1956(3 of 1956), to be
University for the purposes of the Act.
With effect from 1-4-2010 (AY 2010-11), no such relief
shall be granted in respect of any amount received or receivable by an assessee
on his voluntary retirement or termination of his service, in accordance with
any scheme or schemes of voluntary retirement or in the case of a public sector
company referred to in section 10(10C)(i) (read with Rule 2BA), a scheme of
voluntary separation, if an exemption in respect of any amount received or
receivable on such voluntary retirement or termination of his service or
voluntary separation has been claimed by the assessee under section 10(10C) in
respect of such, or any other, assessment year.