Stipend to resident doctors - whether exempt u/s 10(16)
This query is : Resolved
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)?
04 January 2011
taxable
section 10(16) Scholarships to meet cost of education does not cover it !
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?
08 October 2021
It is exempt as it is compensation given for higher studies...
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