EASYOFFICE

Is scholarship money taxable ?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 September 2013 I am doing PHD & getting Scholarship of Rs.16,000 + 20% HRA per Month i.e. Rs.19,200/- Per Month so Rs.2,30,400/- Per Year. Would you please advise is this exempt from Income Tax.
Thanking you inanticipation
With regards
M.P.Singh
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
08 September 2013 Education scholarship to meet the cost of education is exempt from tax u/s.10(16)

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links