Who Is Eligible For ARREARS And What Is The Formula To Calculate It?

anjanatanay@gmail.com
Can anyone tell me what is ARREARS? who is eligible for it and what is the formula for calculate arrears?
Regards
Anjana
asifbd_2012
An ACCOUINT is said to be "in arrears" if one or more PAYMENTS have been MISSED in transactions where REGULAR payments are CONTRACTUALLY required, such as mortgage or rent payments and utility or telephone bills. The term is usually used in RELATION with PERIODICALLY RECURRING PAYMENTS such as rent, bills, royalties (or other contractual payments), and CHILD support. PAYMENT in ARREARS is a term describing PAYMENTS made after a service has been provided. In this case use of the word "arrears" does not IMPLY any BREACH.
For more INFO please go through the LONK below
Arrears Calculation
greatabhi
My employes is not paying arrears of my increment, Which I had on April 2013, My employer is also deducted TDS on my Salary agains Arrears, Bt still we have not paid arrears.
This amount is clearly mentioned in my form-16.
How can I file complain without telling anybody
regards
greatabhi
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute