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Taxation of stipned

Rohit Toshniwal (42 Points)

02 December 2019

is the stipned of articleship is taxable or not?

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Kapadia Pravin (17249 Points)
Replied 02 December 2019

Definitely taxable

Himanshu (I ) (11 Points)
Replied 02 December 2019

Taxable under head income from other source

anant jain (12 Points)
Replied 02 December 2019

As the annual stipend isn't more than Rs.2,50,000, hence there is no requirement of filing ITR, least you have other income also and your GTI is more than Rs.2.5 Lacs.

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Kapadia Pravin (17249 Points)
Replied 02 December 2019

The query may be for academic purpose.
Not from return eligibility point of view.

Rohit Toshniwal (42 Points)
Replied 03 December 2019

Why not in salary head

Kapadia Pravin (17249 Points)
Replied 03 December 2019

There is no employer employee relationship. Ok dear this is sufficient. Bye

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