stipend income

This query is : Resolved 

25 June 2010 Dear Sir,

I have some interest income i fill regularly fil IT return every year but till day i have stipend income in F.Y.2009-10 than this stipend income count as taxable or not or exempt in section 10

With BEst regards

Samir DEsai

25 June 2010 Stipend is taxable as it not specifically exempt

25 June 2010 it is exempted


25 June 2010 ANy section or reference?

Read the discussion here
https://www.caclubindia.com/forum/stipend-81580.asp



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