About senior fellewship

This query is : Resolved

manish sharma (Querist)
Follow

21 July 2014 Dear Sir,,
If Any person is Awarded as Senior Fellow in Ministry Of Human Resources and Receiving Fellowship Amount Of 480000/- P.a.
Is all this income Taxable to that person or it is Exempt??
Please Tell, It's Urgent..
And Refer Section To????

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

21 July 2014 taxable as income from other sources...................

manish sharma

manish sharma (Querist)
Follow

21 July 2014 Sir,
Please Refer Section Of the Same..

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

21 July 2014 u can refer sinhgania its income from other sources u/s 56.

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

21 July 2014 please check for the rules for the specific fellowship. Normally such fellowships given by HRD are exempted under 10(16)

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

21 July 2014 please check for the rules for the specific fellowship. Normally such fellowships given by HRD are exempted under 10(16)

manish sharma

manish sharma (Querist)
Follow

24 July 2014 Is It fully Exempt?? Or some Part Of it's Exempt??
Pls Tell me Sir....

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

24 July 2014 Dear Manish,

You need to refer to the terms and conditions of the fellowship.

Most of the fellowships offered by HRD are fully tax exempted.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Manoj Sharma

Dalbir Singh Wadhera

Hanuma Yanduri

Sagar Khakhiwala

Phani

Subscribe Now

About senior fellewship

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA