Taxability of fellowship amt received

This query is : Resolved

JYOTI GOEL (Querist)
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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

JYOTI GOEL

JYOTI GOEL (Querist)
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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

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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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.