Salary taxation

This query is : Resolved

Kaushik Vinod (Querist)
Follow

27 May 2013 Dear Experts,

In case of Govt. Employees their March Salary is received in the month of April and as per charging section of Salary it is taxable on due or receipt basis which ever is earlier.
So It sud be taxable in the month of March or April ?

Please Reply on urgent basis .

Rupesh Jain

Rupesh Jain (Expert)
Follow

27 May 2013 as you write as per income tax due or receipts which ever is earlier '
salary taxable in march

Kaushik Vinod

Kaushik Vinod (Querist)
Follow

28 May 2013 But they Practically tax it in April , Please Reply

Rupesh Jain

Rupesh Jain (Expert)
Follow

28 May 2013 you can take 12 month salary in current year .

if march salary take in next year
then you may problem

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

manojkumarkk

Aakash Kumar

ANUPAMA L KANT

Sharang Sanjay Mangalekar

RAGHUNATH KASIBHOTLA

Subscribe Now

Salary taxation

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA