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Re : Stipend taxable or exempt

Page no : 5
C.Balaji

C.Balaji (Learner) (1867 Points)
Replied 09 March 2010

Yes agree......Not taxable......



P A N K A J

P A N K A J (CA FINAL) (740 Points)
Replied 09 March 2010

no taxable under sec 10(16)..


Dr. Prabhat Chandra Mondal

Dr. Prabhat Chandra Mondal (PG Trainee) (21 Points)
Replied 07 January 2011

I don't know the laws. I am PG student. My Stipend is about 24 thousand per month. I get it not for my service but for my training. I have to give tution fee, Hostel fee. I have to buy my books, and ohers needed for my thesis. So, why everone can think this is taxable? Provided, My account should not be full of money. If I save money then i have to explain that. Our institutions in west Bengal do not claim tax return. My advice is that if you save money explain it by return.


Pavan Kumar

Pavan Kumar (Student) (188 Points)
Replied 08 January 2011

yaa...Taxable....



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