Tds & taxability on stipend

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 June 2014 Dear all
We are charitable trust and run hospital. We employ apprentice and pay them stipend every month. Yearly stipend exceeds taxable limits.
a) Whether we are liable to deducted tax at source.
b) Whether apprentice stipend is liable to tax in his hand

16 June 2014 First note that the amount paid to an apprentice is not included in salary. And the stipend paid is also not Salary. Hence it will not taxable in the hands of hospital.

Profile Image

Guest

Profile Image

Guest (Expert)
16 June 2014 not taxable...............................

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 June 2014 Our question of TDS is not yeat resolved

16 June 2014 Now what is the problem? Every point is explained above.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details