Payment recd in apr,2015

I have recd a payment credited in my bank on 2.4.15. The payment is made by my employer on 31.3.15. Should i consider this as 2014-15 income or 2015-16.

GR Babu

Replies (1)

has tds been deducted on that payment? if yes then you need to show it in F.Y 2014-15. Otherwise choice is yours.

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