salary compensation


This query is : Resolved 

28 June 2011 I was working for a multinational. The company was bought over by another German compnay. In downsizing my job was made redundant. The company terminated my services on 31st March, 2011. However, my contractual compensation was not paid till april 25th. How will this be taxed and in which year 2010-2011 or 2011-2012

28 June 2011 salry is taxable on due basis
so it will be taxed in the year 2010-11

CA MANOJ GUPTA
JODHPUR
09828510543
gm2104@gmail.com


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