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Basic Salary & Basic Pay

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(Querist)
07 May 2009 Distinguish between basic salary and basic pay in respect of Income tax Act, 1961.
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
07 May 2009 I dont think there is any diff.
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Vipul J. Bhavsar

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Vipul J. Bhavsar (Expert)
07 May 2009 They both are the same.
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CA Suresh Choudhary

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CA Suresh Choudhary (Expert)
07 May 2009 They both are the same.
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CA-ASPIRANT

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CA-ASPIRANT (Querist)
07 May 2009 Dear Sir,
If both words are same, then why both words are used.
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CA-ASPIRANT

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CA-ASPIRANT (Querist)
08 May 2009 if both words are same, then why both words are used.
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