1 yr Fellowship after DNB/MD - getting stipend..is it taxable?

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..... 1 yr Fellowship after DNB/MD - getting stipend..is it taxable?
Query (Issue) Started By: - Kedar Hibare Dated:- 28-3-2015 Income Tax
Income Tax
Dear Sir/Madam, I finished my DNB (Equivalent .....

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..... of MD) training during which I was getting stipend and it was non-taxable for 3 years I subsequently then joined as a consultant and worked for 3 years at NH Hospitals where I paid my taxes regularl .....

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..... y Now I have joined a one year fellowship program in New Delhi and my stipend is 97000/- per month (TDS at source not deducted unlike when i was working it was done at source). I have been told by ha .....

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..... lf of the Chartered accountants I know that its taxable while the other half tell me its not. Some others tell me its terms of engagement!!! in this forum and elsewhere also they have referred to clau .....

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..... se 10(16) of IT act and also a Karnataka High court judgement Could someone guide me clearly: 1. Its a one year fellowship training program with a stipend of ₹ 97000 after my DNB training: I w .....

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..... ork as a resident/student now is it taxable? What should I tell my CA? under what clause? please clarify Warm Regards Dr KRH
Discussion Forum - Knowledge Sharing .....

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