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taxability of stipend

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(Querist)
09 January 2009 whether stipend is taxable or not if yes under which section
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dhaval

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dhaval (Expert)
09 January 2009 yes stipend will taxable as a salary and employer would have to collect the TDS if stipend cross the minimum examption limit
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
09 January 2009 In my opinion, Stipend is not taxable in salary as there is no employer and employee relationship between the CA and the article clerk. It should be taxable under Income from Other Sources.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
09 January 2009 Stipend received by an articled assistant is tax free. Citation- Sudhirkumar Sharma Vs.ITO(1983)17 TTJ(Jp-Tri)228.
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CHEZHIYAN

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CHEZHIYAN (Expert)
09 January 2009 I'm Unable to find this Case Law ..
can Somebody Give the Web Link of this Case Law
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CA Mani

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CA Mani (Expert)
10 January 2009 Its exempt U/s. 10(16).

Mail me at manikanta_03@yahoo.co.in

I will forward that case law to you.
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
12 January 2009 Thanks to all for updation in this matter.
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amit

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amit (Querist)
24 January 2009 WHETHER THE CASE IS RELEVENT TO CA STUDENT ONLY OR COVERS OTHER CASE ALSO SUCH AS A PG MEDICAL STUDENT RECEIVED STIPEND FROM HOSPITAL
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
11 October 2021 Yes, it is applicable to all the students pursuing higher studies, including PG medical studies.
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