Hello Everyone,
what is tax treatment of STIPEND received????
if it is taxable than which head...??
Hello Everyone,
what is tax treatment of STIPEND received????
if it is taxable than which head...??
| Originally posted by :PiyushAgrawal | ||
| " | Hello Everyone, what is tax treatment of STIPEND received???? if it is taxable than which head...?? |
" |
it is exempted under section10(16)
Stipend is exempt from tax. It is an amount given as scholarship to the apprentice to meet for his educational and other incidental expenses.
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