What is the tax treatment of stipend paid by a Pvt. Ltd. Company from the viewpoint of Company. For e.g-tds applicability, etc.
Please explain
What is the tax treatment of stipend paid by a Pvt. Ltd. Company from the viewpoint of Company. For e.g-tds applicability, etc.
Please explain
What is the tax treatment of stipend paid by a Pvt. Ltd. Company from the viewpoint of Company. For e.g-tds applicability, etc.
as per the relevant section no TDS shall be applicable on the stipend received in the hands of the Article assistant or any other concern coz in almost every case total stipend is within the exemption limits for an individual coz i don't think any co. would be giving a stipend close to Rs. 15000/-
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