24 September 2008
i had below exemption limit income in 07-08. i joined a co. in feb. i receive salary on 4th of next month. So, will the salary for the month of March08 recvd in Apr 08 be part of income of AY 2009-10 or for AY08-09?? My co's accountant said i should include it in income for AY 2009-10, but i said it was due in mar so it was for AY2008-09. What is correct??
CAclubindia
