Is stipend paid to articles taxable or exempt as Scholarship? If taxable then under what head- salaries or other sources?
Regards
Vinay
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Taxability of Stipend of Articles
Replies (20)
Hi vinay
Stipend Paid to articles can not be classified as Scholarship and therefore it is taxable under the head Income from Other Sources.However expenses reimbursed (eg Travelling & Conveyance) to articles can be excluded while computing his taxable income
Stipend Paid to articles can not be classified as Scholarship and therefore it is taxable under the head Income from Other Sources.However expenses reimbursed (eg Travelling & Conveyance) to articles can be excluded while computing his taxable income
dear vinay
the stipend paid to articles is fll excempt from income tax as decided in the ITAT jaipur bench SUDHIR KR SHARMA v/s INCOME TAX OFFICER. IF YOU WANT BRIEF OF THE CASE I CAN MAIL YOU CONTACT ME ON dugarsanjay @ yahoo.co.in
i also think that sanjay is right vinay.
hi
sanjay if you can send me case study of SUDHIR KR SHARMA v/s INCOME TAX OFFICER.
at Rish*ta54 @ yahoo.co.in
hi
sorry it is Rish*ta54 @ yahoo.co.in
please give your correct email id.
hi it is Rish*ta54 @ yahoo.Co.in
After (h) & beofre (t) it is i but due some problem * is coming
Can any one forward me sharma V/s ITO case law on my email id udit_mehta2002 @ yahoo.com
Thank you for the help
hey sanjay..cud me send me details of tat case...abt stipend taxability...or details wher cud i get it by browsing...
I think stipend had became taxable. Can anyone tell me whether it had became taxable or not.
I think stipend had became taxable. Can anyone tell me whether it had became taxable or not.
I think stipend had became taxable. Can anyone tell me whether it had became taxable or not.
Can anyone tell me the complete section under which stipend is Exempt.
Along with Section Number and its clause & suc clause.
Sent me at geet_pamnani @ yahoo.co.in
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