Form 16 - income tax
This query is : Resolved
10 February 2012
My company has provided scholarship to my son. Will it be included in calculations as part of taxable salary? Will it be mentioned in Form-16?
Thanks.
Thanks.
10 February 2012
Scholarship is not a taxable income vide Section 10(16) and the recipient is student, as such it is not included in Form 16
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