scholarship

my husband got an amount credited along with his salary for this month from his employer for the scholarship amount for my son aged 16 as a part of academic award for which he was selected. Can you please advice how this is treated in incometax calc for my husband

asked Jan 26 '14 at 19:06 by Dhanraj Kuppurajan 162


Scholarship granted to meet education cost of children of employee is exempt. See Scholarship Section 10(16).

answered Jan 28 '14 at 00:58 by Pankaj Batra 5.2k320

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Asked: Jan 26 '14 at 19:06

Seen: 1,486 times

Last updated: Jan 28 '14 at 00:59