Prakhar (BUSINESSMAN) (149 Points)
29 October 2023A tax paying medical PG student receiving stipend have made purchase of some medical equipments for professional use, whether they can claim depreciation on these medical equipments ?
Prakhar
(BUSINESSMAN)
(149 Points)
Replied 29 October 2023
Govt stipend, and pvt consultation in clinics.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 30 October 2023
Prakhar
(BUSINESSMAN)
(149 Points)
Replied 30 October 2023
What in the case if source of income is only govt provided stipend to PG medical student ?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 30 October 2023
Prakhar
(BUSINESSMAN)
(149 Points)
Replied 30 October 2023
ok sir but why is it so ?isn't stipend treated as income ?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 30 October 2023
CAclubindia
