Pranjali
(intern)
(2216 Points)
Replied 06 August 2018
Yes, such work is in the nature of a full time employment and hence, is taxable.
SHIRISH S S
(Proprietor)
(1080 Points)
Replied 06 August 2018
Stipend scholarship is exempt under section 10(16)
The scholarship may have been given by Govt., University, Board, Trust, etc. is exempt to the fullest amount.
Tarun
(Asst.)
(73 Points)
Replied 07 August 2018
SHIRISH S S
(Proprietor)
(1080 Points)
Replied 07 August 2018
Stipend scholarship is given to meet the cost of Higher studies PhD , Mtech Mphils etc.
TIn your case it is Phd so fully exempt u/s 10(16)
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