Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1983 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1983 (4) TMI 109 - AT - Income TaxExtract: .......to meet out the cost of books, coaching fee, examination fee etc. As by virtue of practice, some of the Chartered Accountants had paid before r. 32B of the Chartered Accountants Regulations, 1964, came into force. I, therefore, hold that the stipend being received by the assessee is not his income and hence is not taxable. 2. The appeal is allowed.
|