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stipend given to be shown under which head
stipend provided to trainees by company, so under which head it to be shown as expense. (salary or professional fees or other)
Replies (4)
Salary because it's one type of Training Salary or you can use words as stipend insted of salary then also allow...
show as professional fees as there is no employer employee relationship
Income from other sources
Seperate head stipend should be used. In any other case you will have to deduct TDS.
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