I want to know is,
whether stipend given to doctors at the time of their training period is taxable?
Please provide answer in detail.
Jayesh Kalal (17 Points)
12 July 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(162022 Points)
Replied 12 July 2017
Stipend given to Doctors for pursuing higher studies like MS, MD etc..... are tax-exempt u/s.10(16) [1984] 147 ITR 4 (MAD.)
But otherwise for their training period (may or may not be under bond) is taxable.
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