stipend

Thanks for the Information.

But if I show it as salary received from the CA. and i file the return. Does it will  harm me?




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The Jaipur Bench of Tribunal in case of Sudhir Kumar Sharma Vs. ITO (1983) 17 TTJ 228, held that the stipend received by articled clerks from their employers, the chartered accountants, is exempt u/s.10 (16) because such stipend is paid to an articled clerk in order to enable him to meet out the cost of books, examination fees, coaching fees etc.