Tds on internship

This query is : Resolved 

06 June 2012 if the company pays compensation on internship. then tds is deducted or not

06 June 2012 compensation for internship or stipend is taxable under head income from other sources and no specific rate of tds is prescribed as its not salary, not a professional fee nor a work contract

06 June 2012 yes.agree with above..




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