She got Rs 18.34L medical stipend, got notice for no tax paid; what ITAT said
Section 10(16) provides an income tax exemption for scholarships granted to students to meet the cost of their education. In this case, the taxpayer was a full-time student pursuing a Post Graduate degree in General Surgery.
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
- Real estate businessman lost Rs 34.21 lakh in F&O, got I-T notice: What ITAT ruled timesofindia.indiatimes.com