11 February 2012
my view Salary income will be taxed accrual or paid which ever is earlier.
Bonus - incase if the bonus already fixed the part of CTC annual basis, then it will be accrued for the year and need to be added in the year of accrual
Incase if it is based on calculation of results from the financials, it will be accrued and paid subsequent financial year. so can be taxed subsequent financial year
CAclubindia
