Taxation Of Articles Stipend.

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please tell under which head stipend
received by a ca article will be taxable for AY 2018-19.
Replies (11)
If you are issued form 16 this shall be taxed under the head Salaries otherwise this is usually taxed under the head Income from Other Sources.
Stipend income is exempted income.. Plz refer section 10(16) i think

The Income Tax Act has further laid down that ‘scholarship granted to meet the cost of education’is exempt from Income Tax under the section 10(16).

Now the question arises should we consider Stipend as ‘Salary’ or as ‘Scholarship’.

Refer Below Link

https://cleartax.in/s/are-stipends-taxable

Obviously scholarships... As medical students or engineering students get more stipend than a ca students... 1500 me bacche ki jan loge av kya😂😂😂

STIPEND UNDER OTHER SOURCE 

STIPEND TOH EXEMPT HI KAR DENI CHAHIYE  laugh

YEH TOH WAHI BAAT HO GAYI 

Nanga nahayega kya nichodega kya 

But stipend to exempt income hai
Only BIG 4 walo ke liye taxable hai😂😂😂unhe salary milti hai

HMARI PARI ARTICLESHIP TRAINING KI BHI TOTAL KARKE TAXABLE NAI HO RAHI H indecision

Aur in queriest ka ek sal ka hi taxable ho gya.... Mera to pure training ka ek lakh nahi gya

laughlaughlaugh

thanks all


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