Re : Stipend taxable or exempt

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

no taxable under sec 10(16)..

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.

yaa...Taxable....