Tax on Stayfund

This query is : Resolved 

10 October 2009 Will Stayfund Tax???? if yes then under which head...???

10 October 2009 Stipend is exempted under section 10 (16) of the Income tax Act,1961.

Citation:- CIT Vs. V.K. Balachandran (1984) 147 ITR 4 (Mad)

13 October 2009 thx sir


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