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Arrear salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2012 Arrear salary from 1/1/12 to 31/3/12 declared before 31/3/2012 received on June.2012. Which FY it will taxable?
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MOHNISH SHARMA

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MOHNISH SHARMA (Expert)
04 June 2012 As per sec15 of income tax act the salary is taxable on due or receipt whichever is earlier basis.

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