Whether the income received outside india by student as scholarship from university established in india is taxable for the student.
1 Replies
machender
(student)
(190 Points)
Replied 12 December 2009
Dear Pawan,
Schaularship or stipend received for the purpose of meeting his cost of education is wholly exempted u/s 10(16). even though it is received outside india or inside india.
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