CA Inter doubt
If salary due on last day of month then taxable from March to Feb First day of next month. Then taxable from April to March right...?
Asked by Keerthana11 Mar 2024527 views
6 answers
Sai · 11 Mar 2024
Salary is taxable either on due or receipt basis whichever is earlier.. for computing tax liability for the relevant assessment year
ansh · 11 Mar 2024
No need its alright 👍🏻
Keerthana · 11 Mar 2024
Thank you
ansh · 11 Mar 2024
It's if last day of month - April to March....................if 1st day of next month March to Feb
Keerthana · 11 Mar 2024
If it's first day of next month then March to Feb ha
ansh · 11 Mar 2024
You just wrote it opposite
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