Stipend

This query is : Resolved 

27 January 2009 Whether stipend recd. as article assistant is taxable?

27 January 2009 kindly let me to know the limit, if it is exceed spec ified limit it is taxable.

27 January 2009 Stipend received by an articled assistant is tax free. Citation- Sudhirkumar Sharma Vs.ITO(1983)17 TTJ(Jp-Tri)228.
(As answered by CA Chakrapani Warrier Sir earlier)




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