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stipend income

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(Querist)
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
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
25 June 2010 Stipend is taxable as it not specifically exempt
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
25 June 2010 it is exempted
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
25 June 2010 ANy section or reference?

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

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