Exemption u/s10(16)

This query is : Resolved

TAUSIK MAHEMUD PATHAN (Querist)
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15 June 2014 My friends,
Please solve my problem. A person who is a doctor having MBBS degree and he is doing MD course in renounced medical hospital and he is receiving Taxable Salary.
Now the question is that he is doing MD course and receiving income against providing services in hospital as his course stated to provide 3 years of services in hospital. he is doing higher education and as per income tax act the Stipend received and expended for meeting higher education expenses then it will be exempt. So CA HE AVAIL EXEMPTION U/S 10(16)?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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15 June 2014 please note the section 10(16) covers scholarships given to meet the cost of higher education. the intent of giving the amount should be meet the cost. what this doctor is receiving is s salary not some scholarship.