Stipend to trainees taxable
R.Balasubramanian (Senior Manager Payroll) (40 Points)
05 September 2013
is stipend paid to trainees taxable and under which section and head of income
2 Replies
NAGASAI.K
(Article Assistant)
(193 Points)
Replied 05 September 2013
Stipend paid to trainees is exempt U/s.10(16)
R.Balasubramanian
(Senior Manager Payroll)
(40 Points)
Replied 11 September 2013
Section 10(16) speaks only about scholarship. This does not speak about stipend. Can you please elaborate
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