Tds on stipend

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We have recruited few candidates on 8 months internship contract post which they will be taken on roll. During these 8 months of internship, they are paid INR 25,000/head per month. Do we have to deduct tax on this monthly stipend? If yes, please reply with the relevant sections/case laws.
Replies (1)

Stipend paid here is of SALARY nature and hence TDS u/s. 192 shall be applicable.

As the total amount will not exceed basic exemption limit, so TDS liability will not arise for the said 8 months, or for the current year.


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