Scholarship
This query is : Resolved
26 April 2013
is scholarship taxable in the hand of the employee if it is received from a pvt co. for his/her son
27 April 2013
but i have found some cases on the web which shows that it is exempt u/s 10(16). case of CIT v. V.K. Balachandran [1984] 147 ITR 4/[1985] 23 Taxman 29 (Mad.) [Para 11], B.L. Garg [IT
Appeal No. 185 (Delhi) of 1992] [Para 12], CIT v. M.N. Nad Karni [1986] 161 ITR 544/25 Taxman 9
(Bom.) [Para 12], Dr. V. Mahadev v. CIT [1990] 184 ITR 533/51 Taxman 411 (Mad.) [Para 13], CIT v.
Raghu Sinha [2003] 263 ITR 378/130 Taxman 254 (Raj.) [Para 14], Karamchari Union, Agra v. Union
of India [2000] 243 ITR 143/109 Taxman 1 (SC) [Para 14] and All India Defence Accounts Association
v. Union of India [1989] 175 ITR 494/43 Taxman 216 (All.) [Para 14].
Appeal No. 185 (Delhi) of 1992] [Para 12], CIT v. M.N. Nad Karni [1986] 161 ITR 544/25 Taxman 9
(Bom.) [Para 12], Dr. V. Mahadev v. CIT [1990] 184 ITR 533/51 Taxman 411 (Mad.) [Para 13], CIT v.
Raghu Sinha [2003] 263 ITR 378/130 Taxman 254 (Raj.) [Para 14], Karamchari Union, Agra v. Union
of India [2000] 243 ITR 143/109 Taxman 1 (SC) [Para 14] and All India Defence Accounts Association
v. Union of India [1989] 175 ITR 494/43 Taxman 216 (All.) [Para 14].
27 April 2013
what should i do ?????????????
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
