alleryStart learning →Salary due from an employer in the previous year is chargeable under Section 15:
AOnly if bonus is attached
BOnly after two years
CWhether paid or not
DOnly when actually paid
Answer & Solution
Correct answer: C. Whether paid or not
Salary due to the assessee in the previous year is taxed on the due basis, whether paid or not.
Keep practising Salaries
Browse all Salaries questions for CA Inter, or explore more Taxation topics.
Related questions
Life insurance maturity sums are exempt except those received under which policy?Exempt travel concession from an employer for leave journeys covers places:HRA exemption fails if the employee has not actually:HRA exemption does not apply where the residence occupied by the employee is:House rent allowance is exempt only to meet expenditure actually incurred on:A payment from an approved superannuation fund on the death of a beneficiary is:With employer contribution also present, interest on employee PF deposits above what yearlAccumulated balance of a recognised provident fund is exempt as provided in which rule?