Section 10(16)


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Querist : Anonymous

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Querist : Anonymous (Querist)
02 August 2012 Is stipend received as a research fellow exempt u/s 10(16)?

02 August 2012 No. The stipend is taxable.

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 August 2012 but tata memorial centre has written in my certificate that it is exempt & also did not deduct TDS ON Rs.4,94,000/- of stipend

02 August 2012 Tata memorial has a separate exemption available. Hence it is exempt. Stipend for Ph.D students is taxable.


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