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Taxable stipend

This query is : Resolved 

stipend is taxable under which head?and y?pls rpl soon


it's taxable

but under wchih head & reason y under that head

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.
.


is der is any case 4 dat or any sec dat it is taxed under the head IFOS

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

Citation: sudhir kumar sharma vs income tax officer


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