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stiepent to artilcle clerk

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(Querist)
11 January 2008 my stipent is rs 8000/-pm and my income from other sources is rs 50000/-per year
total income is rs 146000/ whether stipnt is exempt from incoe tax
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KAAPIL

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KAAPIL (Expert)
12 January 2008 Stipend is income from other sources. Not exempt.
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Devendra Mishra

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Devendra Mishra (Expert)
13 January 2008 Stipend even though not taxed as salary but it would include in IFOS and hence taxable.
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Amit Sharma

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Amit Sharma (Expert)
15 January 2008 it forms incomes from other sources hence not exempted.

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