Stipend

What is the tax treatment of stipend paid by a Pvt. Ltd. Company from the viewpoint of Company. For e.g-tds applicability, etc.

Term Papers

as per the relevant section no TDS shall be applicable on the stipend received in the hands of the Article assistant or any other concern coz in almost every case total stipend is within the exemption limits for an individual coz i don't think any co. would be giving a stipend close to Rs. 15000/-