Exemption of stipend
This query is : Resolved
06 March 2014
Stipend of Medicle student can get exemptipon in income tax act if stipend amount is 360000 annual..
07 March 2014
stipends for educational purposes can be covered under Section 10(16). if it doesnt fall within 10(16) it shall be taxable
07 March 2014
Please see https://www.hindu.com/thehindu/biz/2001/11/22/stories/2001112200310202.htm
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