Tds & taxability on stipend

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2014 Dear all
We are charitable trust and run hospital. We employ apprentice and pay them stipend every month. Yearly stipend exceeds taxable limits.
a) Whether we are liable to deducted tax at source.
b) Whether apprentice stipend is liable to tax in his hand

Sandeep Dharar

Sandeep Dharar (Expert)
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16 June 2014 First note that the amount paid to an apprentice is not included in salary. And the stipend paid is also not Salary. Hence it will not taxable in the hands of hospital.

Guest

Guest (Expert)

16 June 2014 not taxable...............................

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Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2014 Our question of TDS is not yeat resolved

Sandeep Dharar

Sandeep Dharar (Expert)
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16 June 2014 Now what is the problem? Every point is explained above.