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Stipend

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(Querist)
17 December 2010 Is stipend taxable. If not than y..?
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CA. R. B. SAH

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CA. R. B. SAH (Expert)
17 December 2010 STIPEND IS TAXABLE IF IT EXCEEDS MAX. AMOUNT WHICH IS NOT TAXABLE.
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
18 December 2010 this is a debatable issue . but i also think that STIPEND IS TAXABLE IF IT EXCEEDS MAX. AMOUNT WHICH IS NOT TAXABLE.
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