Stipend

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Heman Chheda (Querist)
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08 March 2011 Is stipend income recd exempt 4m tax? If yes than under whch section? If no than taxable under whch head??

CA Punit

CA Punit (Expert)
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08 March 2011 refer the foll links

https://www.caclubindia.com/forum/details.asp?mod_id=90486&offset=2

https://www.caclubindia.com/experts/whether-stipend-received-by-articles-is-taxable--594645.asp

https://www.caclubindia.com/experts/taxation-issue-for-stipend-income--441365.asp

http://taxworry.com/how-to-know-if-stipend-or-scholarship-or-fellowship-awarded-to-you-is-tax-exempt/#axzz1G1ewPHy4