Stipend income


This query is : Resolved 

(Querist)
08 March 2011 Is stipend income recd exempt from tax? If yes than under whch section? If no than taxable under whch head?

Ravikant (Expert)
08 March 2011 STIPEND IS TAXABLE UNDER INCOME FROM OTHER SOURCES, & NOT UNDER SALARY AS THERE IS NO EMPLOYER EMPLOYEE RELATIONSHIP

08 March 2011 stipend income taxable under other sources head


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