Stipend taxability


This query is : Resolved 

14 February 2014 If a person receives stipend during his apprenticeship, then is that stipend taxable?

14 February 2014 well there is one Rajasthan High Court ruling which states that it is exempted as scholarship.

However, I find that judgment a bit not applicable to CA stipend as this stipend is not paid to cover costs of education/books etc.


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