We have not paid 3 months salary to an employee and shall we considered the Rental payment receipts of that period for tax calculation.
Menu
Hra eexemption
Replies (1)
It depends on how you are going to treat the unpaid salary. If you want to consider the unpaid salary in total income then obviously you need to consider HRA part too for those unpaid period and vice-versa.
General rule is that salary income will be taxable on receipt basis & not on accrual basis. So neither you should consider unpaid salary as income nor HRA for claiming deduction as well.
Recent Topics :
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
Related Topics :
CAclubindia
