Tax on salary

This query is : Resolved

Avneesh Kalra (Querist)
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21 March 2012 Sir

if the salary for the month of march'11 recived in april'11 then in which year it will be taxable,,

Also, if the same is recived in march itself, then what will be the difference.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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21 March 2012 Salary is always taxable on due or receipt, whichever is earlier.

So, salary for the month of March, 2012 shall always be taxable in the FY 12-13, irrespective of the fact whether it is received in March or April.