TAXABLE OR EXEMPTION
This query is : Resolved
bikash rai
(Querist)
24 March 2022
Dear Sir,
a person carrying status of Residence of India. Now from 1st oct 2020 he is staying in Netherland for PHD.
Query 01: If he get Scholarship of Rs. 11 lakh from University Netherland then is exempted u/s
10(16)?
Query 02: If he get Rs.11 lakh as a salary then it is taxable ?. if Yes then under which section?
Please Reply as early as possible
Thanking You
a person carrying status of Residence of India. Now from 1st oct 2020 he is staying in Netherland for PHD.
Query 01: If he get Scholarship of Rs. 11 lakh from University Netherland then is exempted u/s
10(16)?
Query 02: If he get Rs.11 lakh as a salary then it is taxable ?. if Yes then under which section?
Please Reply as early as possible
Thanking You
CA R SEETHARAMAN
(Expert)
25 March 2022
1 yes, it's exempt under section 10(16).
2 yes, it's taxable under salary head.
2 yes, it's taxable under salary head.
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