Stipend to resident doctors - whether exempt u/s 10(16)

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Querist : Anonymous

Querist : Anonymous (Querist)

04 January 2011 Whether monthly stipend received by resident doctors undergoing post graduation is taxable or exempt under section 10(16)?

Manmohan ACA, CS

Manmohan ACA, CS (Expert)
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04 January 2011 taxable
section 10(16) Scholarships to meet cost of education does not cover it !

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Querist : Anonymous

Querist : Anonymous (Querist)

04 January 2011 Thanks for reply ...But it is being received as STIPEND & there have been case laws stating that since its not an employee - employer relationship..it stands qualify under the definition of scholarship..also there is no TDS deducted while paying the same...kindly let me know for sure if its exempt or not?

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