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previous salary in this year
I got my dec 2017 salary in june2018 whether tax is labeled as
Replies (2)
As per section 15 of income tax act 1961 salary taxable on the basis of due or received whichever is earlier.
In you case salary became due in jan 18 or last date of dec 17 as case may be so your salary is taxable in the A.Y.2018-19
In you case salary became due in jan 18 or last date of dec 17 as case may be so your salary is taxable in the A.Y.2018-19
concur with Mr. mayur's reply
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