INCOME TAX

SUBMITTED BY: test1bit

DATE: Dec. 14, 2016, 11:57 a.m.

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  1. salary will be taxed at the earliest of due or receipt
  2. salary received in advance will be taxable though due is later
  3. Arrears of salary will be taxed in the year of receipt if the same has not been taxed earlier
  4. ICDS
  5. INCOME
  6. COMPUTATION
  7. AND
  8. DISCLOSURE
  9. STANDARDS
  10. SEC
  11. 145
  12. SECTION 10(10CC0
  13. TAX ON PERQUISITES
  14. NEED NOT BE GROSSED UP WITH THE TOTAL INCOME
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