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Stipend-Head of Income

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(Querist)
22 July 2010 Under which Head of Income will "Stipend" be taxable.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
23 July 2010 Under Salary head
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
23 July 2010 yes under 'salary head'
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JEET SHAH

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JEET SHAH (Querist)
24 July 2010 there doesn't exist an employer employee relation den 2 it vl b under salary head?
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Rakesh Khanna

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Rakesh Khanna (Expert)
26 July 2010 It will be taxed under the head 'Income from other souces' as the relationship of employee and employer does not exist.

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