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Taxability of fellowship amt received

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(Querist)
25 March 2019 Assessee received rs 15,00,000/- as fellowship amount from govt of india through recognised university for research and study in foreign country. What will be the taxability of this amount
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JYOTI GOEL

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JYOTI GOEL (Querist)
25 March 2019 If actual amt spent will be deducted from amt received and balance will be taxable or all amt received will be exempt
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
25 March 2019 There are divergent views on the issue.

+ One is claim as fully exempt u/s 10(16) treating it as scholarship.

+ The other view is fellowship can't be equated with 10(16), hence fully taxable.
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JYOTI GOEL

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JYOTI GOEL (Querist)
25 March 2019 Thank you very much Sir
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