Form 10E Archives - H&R Block| Blog
October 26, 2014

Are Arrears of Salary Taxable – Income Tax on Salary

Salary received by an employee is taxable on receipt or due basis, whichever is earlier. Salary is generally taxable on due basis, whereas, advance salary or arrears salary is taxable on receipt basis. In this article we will explain taxability of salary on due or […]