I want to ask if any assesse received subscripttion amount is TAXABLE OR EXEMPT U/S 10(16)
schollar ship Income
Nitesh Mangal (CA-PCC Articale Assistant) (269 Points)
16 December 2010Nitesh Mangal (CA-PCC Articale Assistant) (269 Points)
16 December 2010
I want to ask if any assesse received subscripttion amount is TAXABLE OR EXEMPT U/S 10(16)
CA ANKUSH AGGARWAL
(CHARTERED ACCOUNTANT)
(2782 Points)
Replied 16 December 2010
u r asking bout subscripttion or scholarship income?
Rajesh
(student)
(76 Points)
Replied 17 December 2010
if any person received scholorship income related to the cost of education is exempt from tax