Govt.of Kerala ordered to defer one month ( six days salary in each month from April 2020 for next five months). whether this
amount is to be included for calculating the tax if it is not returned to employees this year
Dear Sir,
As per income tax, salary earned or received in advance both are taxable on the occurrence of event.
In the above case this is only deferment and not a reduction. Therefore, though it may be paid this year or next year, tds will be deducted this year only.
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