Arrear salary
This query is : Resolved
Querist : Anonymous
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?
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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