Agreed with DM......
It is chargeable U/H IOS.
Taxability Of Stipend Received by an Article
Page no : 2
CA Devanshi Gandhi (Ajani)
(FCA DISA Mcom CIFRS & LLB)
(9060 Points)
Replied 03 July 2009
it will be taxble under the head salary
praveen
(Chartered Accountant)
(6971 Points)
Replied 03 July 2009
it is not taxable if the articled assistant is covered under the apprentice act.
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