Stipend may or may not be tax free.

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Whether the stipend paid to trainee is taxable if taxable under which section or head of income… If exempted, section please… ….From: ramprasad_mba@…..com Stipend may be taxable or may not be taxable based on the fact of the case.First visit the scope of total income which is defined in section 5 of the Act. It…