Please Help: Taxability of salary
Posted Date : 02-Mar-2012 , 03:14:09 pm | Posted By: Priyavart Soni
Category :
Income Tax | Answers :
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sir my brother join govt jo in month of of nov 2009 but he received salary from nov to march in april 2010. whether salary related to 2009-10 is taxable in 2010-11. if his salary taxed in 2010-11 can he get any relief from tax? |
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Answers:
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 Answer by: CA. MANISH MALHOTRA |
| This salary will taxable in A/y 2011-2012(i.e financial year 2010-2011). Also you can claim relief u/s 89 of Income Tax Act, 1961
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| Answer by: Ketan Samdani |
| Salary is taxable on receipt or accrual basis whichever is earlier. So the salary will be taxable in AY 2010-11 i.e. year 2009-10 itself.
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| Answer by: CA VIPIN GARG |
| Dear Priyavart, I am fully agree with Manish Ji, it will be taxable in AY 2011-12 but relief under section 89 can be claimed.
Hope you got the answer you were looking for, have a nice day.......
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| Answer by: Rambabu Senkarasetti |
| Taxable in 2010-11
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| Answer by: Rambabu Senkarasetti |
| You can get relief u/s89
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