Taxable stipend


This query is : Resolved 

(Querist)
18 July 2012 stipend is taxable under which head?and y?pls rpl soon

18 July 2012 it's taxable

jeetu (Querist)
18 July 2012 but under wchih head & reason y under that head

19 July 2012 It's taxable under the head Income from Other Sources.
.
Where the relationship is of employee & employer, it can be taxed under the head "Income from Salaries" also.
.


jeetu (Querist)
21 July 2012 is der is any case 4 dat or any sec dat it is taxed under the head IFOS

25 August 2013 Stipend income is exempt from income tax under section 10(16)

Citation: sudhir kumar sharma vs income tax officer


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