1. CAN ANY ONE TELL ME THAT THE STIPEND PAID / PAYABLE TO THE ARTICLES IS EXEMPT FROM TAX OR NOT ?
2. IF NOT THEN UNDER WHICH HEAD IT SHOULD BE SHOWN WHILE PREPARING THE COMPUTATION OF INCOME ?
bhavik shah
(student)
(30 Points)
Replied 28 December 2009
| Originally posted by : vishal | ||
 |
Dude it depends on the amount of ur stipend .. |
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CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 28 December 2009
taxable u/h other sources............
CourseCart.in
(Mentor at SHAYVIDZ Academy)
(3756 Points)
Replied 28 December 2009
Refer this case law..
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
CAclubindia
