I have recd a payment credited in my bank on 2.4.15. The payment is made by my employer on 31.3.15. Should i consider this as 2014-15 income or 2015-16.
GR Babu
Sonakshi Mangla
(Employee)
(310 Points)
Replied 08 May 2015
has tds been deducted on that payment? if yes then you need to show it in F.Y 2014-15. Otherwise choice is yours.