Salary Payable attract 43B..Urgent Sir!!

This query is : Resolved 

20 September 2010 Dear Experts,
Whether salary payable for the month of march if shown as payable as on 31.3.2010, Section 43B of the Income Tax Act is applicable?
With regards,
Rajesh.

20 September 2010 Sec.43B doesn't apply for Salary.
It applies only to payments of following nature:-
A.Tax,cess,duty,etc
B.Leave salary
C.Interest on loans taken from banks and financial institutions

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21 September 2010 agreed




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