Did you receive any advance salary or arrears of salary? If yes, you might be worried about the tax implications of the same. Do I have to pay taxes on the total amount? What about the tax calculations of the previous year and so on? Taxpayers who have such questions in their mind, here is all that you need to know. By now, you would have already figured out that income tax is calculated on the total income of a taxpayer for a certain year. The income can either be in the form…