Stipend income

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

Ravikant (Expert)
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08 March 2011 STIPEND IS TAXABLE UNDER INCOME FROM OTHER SOURCES, & NOT UNDER SALARY AS THERE IS NO EMPLOYER EMPLOYEE RELATIONSHIP

CA Ravi Sisodia (Expert)
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08 March 2011 stipend income taxable under other sources head

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