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Stipend Income-Taxability

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..... Stipend received by a doctor from a hospital of Rs 60000/- per month. The hospital has not deducted any TDS on the stipend paid of Rs 7,20,000/- for FY 2010-11. Whether the stipend taxable, under whic .....

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..... h head. And if Exempted then under which section. With Warm Regards RAPG Co. Chartered Accountants - Reply By GOPALJI AGRAWAL - The Reply = It would be taxable. The head would be in accordan .....

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..... ce with the terms of engagement. - Reply By malhar shenoy - The Reply = Stipend received by a doctor will be taxable as Salary or as Professionals.and TDS needs to be deducted. However if the stip .....

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..... end is given for pursuing the further studies , as paid for residend doctors doing post graduation , MD, MS etc one can treat it as scholorship grants for meeting cost of educations.Section 10(16). .....

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..... case can be relied on Sudhirkumar Vs ITO, where in stipend to CA student was held exempt. - Stipend Income-Taxability - Query Started By: - PANKAJ GROVER Dated:- 15-7-2011 Income Tax - Got 2 Replie .....

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..... s - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - T .....

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..... MITax .....

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