Should we show in income tax return, salary of March 2022 (received in April 2022) or March 2023 (received in April 2023) for the previous year 2022-23 (A.Y. 2023-24)?
I am confused about when does it accrue. Shouldn't March salary become due in April. I mean after the completion of the month?
There could be mismatch of TDS deducted on Salary as it is deducted on payment basis. For example, March 2022 salaries TDS would be deducted in April 2022 and shown in 26AS of P.Y 2022-23. March 2023 salaries TDS would be deducted in April 2023 and be shown in 26 AS of P.Y 2023-24.
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