Yes agree......Not taxable......
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Re : Stipend taxable or exempt
no taxable under sec 10(16)..
I don't know the laws. I am PG student. My Stipend is about 24 thousand per month. I get it not for my service but for my training. I have to give tution fee, Hostel fee. I have to buy my books, and ohers needed for my thesis. So, why everone can think this is taxable? Provided, My account should not be full of money. If I save money then i have to explain that. Our institutions in west Bengal do not claim tax return. My advice is that if you save money explain it by return.
yaa...Taxable....
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