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STIPEND taxability

KANNAN GOPALAKRISHNAN (23 Points)

24 July 2019

is stipend taxable?

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CA K.Srividhya (Chartered Accountant) (279 Points)
Replied 24 July 2019

If exceeds maximum exemption limit, then taxable.

Regards.

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KANNAN GOPALAKRISHNAN (23 Points)
Replied 24 July 2019

can you explain?

AMIT DANG (TAX CONSULTANT ) (82 Points)
Replied 26 July 2019

Stipend is taxable. A trainee recieved stipend because he/she helps it's principal in its work although main motive of training is learning but job element is involved.

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STIPEND taxability

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