16 March 2010
Sir, Whether stipend given to DNB students and Super Special Degree students as per directions isssued by National Board of Examinations. Govt. sanctioned the residency programme with a view to develop all Govt. medical colleges as centres of excellance. Practically it is a service cum Training programme. A resident docotor has to functions as junior most staff member in the department and will be a temporary employee of the institution.
16 March 2010
If stipend is given for furthering education/gaining knowledge,it can be exempted under section 10(16) of The Income tax Act,1961. Citation:- ITO Vs Dr. G.N.Ramachandran 1 ITD 902.