Where there is a decision to increase the D.A. in March, 2021 with retrospective effect from 1/4/2019, and the increased D.A. is received in April, 2021 the increase is taxable –
A. in the previous year 2019-2020
B. in the previous year 2020-21
C. in the previous year 2021-22
D. in the respective years to which they relate
Answer:B
Where there is a decision to increase the D.A. in March, 2021 with retrospective effect from 1/4/2019, and the increased D.A. is received in April, 2021 the increase is taxable –
A. in the previous year 2019-2020 B. in the previous year 2020-21 C. in the previous year 2021-22 D. in the respective years to which they relate