Difference between advance salary and advance against salary
This query is : Resolved
23 November 2015
As per income Tax Law, Advance salary is Taxable but advance against Salary is not taxable?? What is the difference between these two? Is Advance received against salary will be repaid in installments?
Kindly help me out!
Kindly help me out!
23 November 2015
Advance salary is salary paid in advance. Advance received against salary will be repaid in installments.
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26 November 2015
Thank you very much sir
09 December 2015
Advance salary is salary paid in advance. Advance received against salary will be repaid in installments
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