Section 15 → Section 20
Salaries - Basis of Charge
Quick Answer
Section 15 of the Income Tax Act, 1961 (Salaries - Basis of Charge) corresponds to Section 20 of the Direct Tax Code 2025 (Income-tax Act, 2025), effective 1st April 2026. Status: Retained.
Sec 15
Provision Summary
Salary is taxable on a 'due' or 'receipt' basis, whichever is earlier.
Sec 20
Provision Summary
Retained. The fundamental charging section for salary remains identical in the new Act.
Key Changes & Highlights
- Arrears of salary mapped directly to the new automated relief calculation matrix.
Related Sections
Related Articles from the Tax Academy
chapter via deductions
Section 80C Abolished in Direct Tax Code 2025: Your New Mutual Fund Strategy
A professional guide on the abolition of Section 80C under the new Direct Tax Code 2025. Learn how this impacts your mutual fund SIP strategy and what new tax-saving options to consider.
corporate compliance
Mastering the 45-Day MSME Payment Rule: A 2025-26 Compliance Guide
A detailed guide for corporations on navigating Section 43B(h) of the Income Tax Act. Learn how to avoid tax disallowance on MSME payments using TallyPrime.
corporate compliance
MSME Disallowance: A CA's Guide to TallyPrime & the New Tax Code
A professional guide for CAs and businesses on managing the new MSME payment disallowance under the Direct Tax Code 2025. Learn to configure TallyPrime and ensure compliance.
corporate compliance
Section 43B(h) Compliance Guide: MSME Payment Rules & Disallowance
A professional guide on the new Section 43B(h) of the Income Tax Act. Understand the MSME 45-day payment rule, tax disallowance, and audit requirements to ensure compliance.
corporate compliance
DTC 2025 & Section 43B(h): Future of MSME Payments
Navigate the transition from Income Tax Act 1961's Section 43B(h) to Direct Tax Code 2025. Expert guide on corporate compliance for timely MSME payments and ERP readiness.
corporate compliance
MSME 45-Day Payment Rule: A Guide to the New Tax Disallowance
A professional compliance guide on the new tax rules disallowing deductions for delayed payments to MSMEs. Understand the impact on corporate tax and the steps to ensure compliance.
Frequently Asked Questions
What does Section 15 of the Income Tax Act 1961 deal with?
Section 15 (Salaries - Basis of Charge) Salary is taxable on a 'due' or 'receipt' basis, whichever is earlier.
What is the new section number for Section 15 under the Direct Tax Code 2025?
Section 15 of the ITA 1961 maps to Section 20 of the Direct Tax Code 2025 (Income-tax Act, 2025), effective from 1st April 2026.
What is the status of Section 15 under the new tax code?
Section 15 is marked as "Retained" with status "Active". Impact: Low - Foundational continuity.
What are the key changes to Section 15 under DTC 2025?
Arrears of salary mapped directly to the new automated relief calculation matrix.
Disclaimer: This page is for educational and reference purposes only. Section mappings are based on publicly available drafts and circulars. Always consult a qualified Chartered Accountant before filing or making compliance decisions under the Direct Tax Code 2025.
Need professional help on Section 15?
Compare trusted providers — both offer DTC 2025-ready CA services.
*Affiliate links — we may earn a small commission at no extra cost to you. Disclosure.
Want to calculate tax on this section?