Diff between salary advance & advance against salary

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gaurav (Querist)
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11 October 2010 Is the "Advance against salary" is diff from "salary advance" & advance against salary is taxable or not??

CA Punit (Expert)
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11 October 2010 Advance against salary is a kind of loan - Not Taxable
&
Advance salary means salary received in advance - Taxable

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gaurav (Querist)
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11 October 2010 thakns punit

CA Amit Joshi (Expert)
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11 October 2010 Thx punit ji

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