Regarding 11 months salary

298 views 1 replies

sir,in f y 2014-15 HP govt paid us 13 months salary in a year. but in f y 2015-16 my DDO included Apr to march paid Apr for tax in
advance .can I opt 11 months salary in f y 2016-17 for tax benefit or not.now my DDO want to take f y from March to Feb.

Replies (1)

due or paid basis which ever is earlier

if your 1 month  salary for 2016-17 take before for taxation purpose

as per due or receipt basis 

u can take 11 months salary for taxation purpose for fy 2016-17

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register