Fellowship stipend
This query is : Resolved
19 May 2018
Hi,
A person is doing phd in iit & receives stipend.
Stipend is irregular and arrears is also received during the year.
No TDS is deducted. No form 16 is issued.
All my colleagues have informed me that stipend is exempt. However the person who files my return has considered it as taxable salary.
How can I know if the stipend fully exempt from tax? What documents should be received & made available to evidence the same?
A person is doing phd in iit & receives stipend.
Stipend is irregular and arrears is also received during the year.
No TDS is deducted. No form 16 is issued.
All my colleagues have informed me that stipend is exempt. However the person who files my return has considered it as taxable salary.
How can I know if the stipend fully exempt from tax? What documents should be received & made available to evidence the same?
CA R SEETHARAMAN
(Expert)
19 May 2018
Research fellowships is in the nature of Scholarship: Scholarship is exempt u/s 10(16) if it was granted to meet the cost of education.
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