What type of ITR to be used

483 views 3 replies
User Avatar

Manager
111 Points Joined June 2009

hello

i have one audit clerk. he has no any other income except stipend. so income received by him in form of stipend assessed under the head "salary" or "income from other exepenses" and why? what ITR is to be used?

answer immediately

Reply Share Follow
On 22 February 2010 at 21:52 Report
Replies (3)
User Avatar

Learner
4016 Points Joined December 2009

Dear Hardik,

Articleship stipened has been held as exempt income u/s 10(16) by the Honbl. SC.

Reply
On 22 February 2010 at 21:57
User Avatar

Practicing CA
8639 Points Joined April 2009

Ya, articleship stipend is exempt. So, no need to file return of income only for that income.

Reply
On 22 February 2010 at 22:00
User Avatar

Learner
1867 Points Joined October 2008

agree with Dear Amir bhai..........

Dear Hardik...............

Articleship stipend - held as exempt income by the Honbl. SC.

Reply
On 23 February 2010 at 07:25


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading