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2 MONTH SALARY RECEIVED DELAYED - WHAT TO DO DURING ITR FILLING ?

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BIBHUPRASAD SAHU

6 Points Posted on 28 July 2024

HELLO SIR /MADAM

I received my salary of month january and february 2024[financial yr 23-24] in the month of april 2024,which was received on next finalcial yr 24-25.

and also not mensioned in 26 s form of financial yr 23-24.

what to do during itr filling .... have to include the salary head of financial yr 23-24 ?

if i am not included in salary head of financial yr 23-24.... it may also burden tax liabilities in next financial year ? what to do

Replies (2)

Quick Summary

If you received your January and February 2024 salary in April 2024 (the next financial year), you should still include this income under the salary head for the financial year 2023-24 when filing your Income Tax Return (ITR). This is permissible even if the salary isn't reflected in your Form 26AS. Failing to declare it in the correct financial year could lead to a higher tax burden in the subsequent year.