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Question ID : 2325

Tax Liability of Stipend..


Dear Freds..

what is the tax liability of stipend received .is it taxable undet the head sary..and if so then whether Profession tax is need to be deducted..

is there any specified stitude whose students are only covered under the receipt of stipend.?

plz reply '

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Posted by kalpesh on Apr 10, 2006
Filed Under DIRECT TAXES

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