taxability of stipend
This query is : Resolved
brijmohanpareek
(Querist)
02 June 2010
further if stipend is given for further advance ment if studies it is eligble for exemption under section 10(6)reference to ITO Vs Dr. G.N.Ramachandran 1 ITD 902.
further if stipend is given for further advance ment if studies it is eligble for exemption under section 10(6)reference to ITO Vs Dr. G.N.Ramachandran 1 ITD 902.
Aditya Maheshwari
(Expert)
02 June 2010
10(16) scholarships granted to meet the cost of education are exempt.
But the same cannot be extended to stipend received during articleship.
But the same cannot be extended to stipend received during articleship.
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