Taxability of stypend during higher education
This query is : Resolved
30 September 2012
MBBS passed Doctor receiving stipend from Govt.Medical College during undergoing Higher Education (MD)at same college. Whether it is taxable under Income Tax Act?
30 September 2012
Yes. It is very much taxable.....subject to however the basic exemption limit.
30 September 2012
I totally agree with the expert.
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