Taxable income
This query is : Resolved
08 March 2008
Hello experts,
Stipend received by articles is taxable income.
In my opinion it is taxable under head OTHER SOURCES, m i correct.
Stipend received by articles is taxable income.
In my opinion it is taxable under head OTHER SOURCES, m i correct.
08 March 2008
Yes.
08 March 2008
yes
08 March 2008
STIPEND THOUGH TAXABLE A SINCOME FROM OTHER SOURCES,DEDUCTIONS UNDER SEC 57 ARE APPLICABLE -ANY EXP. EXPENDED WHOLLY AND EXCLUSIVELY FOR THE PURPOSE OF EARNING SUCH INCOME ( NOT IN NATURE OF CAPITAL EXP.).
R.V.RAO
R.V.RAO
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