In which itr form income from stipend can be filied?
This query is : Resolved
prudhvi krishna reddy
(Querist)
03 July 2014
Hai,which ITR form has to be filled where the assessee is having only stipend income recieved from a chartered accountant and interest on savings bank account.
Ganeshbabu K
(Expert)
03 July 2014
ITR2 can be filed
.
.
Stipend income as a article assitant is Exempt from income tax under section 10(16)
.
.
can show in EI(exempt income )sheet
.
.
interest on fixed deposit is chargeable to tax under Income from other sources
.
.
ITR2 can be better
.
.
Stipend income as a article assitant is Exempt from income tax under section 10(16)
.
.
can show in EI(exempt income )sheet
.
.
interest on fixed deposit is chargeable to tax under Income from other sources
.
.
ITR2 can be better
Rupesh Jain
(Expert)
04 July 2014
you can file ITR-2
as MR Ganeshbabu say correct that stipend is exempt income. and also interest on Saving a/c are also U/s 80TTA upto Rs. 10000/- will exempt.
as MR Ganeshbabu say correct that stipend is exempt income. and also interest on Saving a/c are also U/s 80TTA upto Rs. 10000/- will exempt.
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