Pension

How to split pension received with arrears?

I have received my pension with 7 years arrears. Do I need to split it in seven years or can I split it in three years. How can / should I split it?

Section 89(1) authorises grant of relief in a case where an employee receives salary in arrears or in advance or has received in any financial year salary for more than twelve months, a payment which under the provisions of section 17(3)(ii) is a profit in lieu of salary. The effect of such increase is that the income will be assessed at a higher rate than it otherwise would have been assessed and it is for this reason that section 89(1) authorises relief to be allowed. The relief is to be allowed in terms of rule 21A of the Income-tax Rules, 1962.

http://gconnect.in/pages/it/sec89_left_source.html

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