Chartered Accountant
2731 Points
Joined January 2008
An articled assistant is not allowed to engage in any kind of employment during the training period. so their is no possibility of having any salary at all..
and as to the stipend, by virtue of judgement of a court, the stipend may be taxable under the heard IFOS.....
But u can very well file a return even if u are having the income less than the minimum tax exempted income......as an artilced clerk can engage in teaching after the training hours in any commerce subject.(as per institute guidelines) apart from being a director of a company or a sleeping partner of a firm.......