https://www.taxtmi.com/caselaws?id=61718 The tribunal allowed the appeal, determining that the scholarship/stipend received for pursuing higher studies was exempt under section 10(16) of the IT Act, 1961, and not classified as salary income. The decision was based on the terms of the bond, judicial precedents supporting scholarship exemptions, and the specific provisions of the IT Act. en-us Mon, 30 Jun 2008 00:00:00 +0530 Fri, 14 Jan 2011 15:13:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61718 The tribunal allowed the appeal, determining that the scholarship/stipend received for pursuing higher studies was exempt under section 10(16) of the IT Act, 1961, and not classified as salary income. The decision was based on the terms of the bond, judicial precedents supporting scholarship exemptions, and the specific provisions of the IT Act. Case-Laws Income Tax Mon, 30 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61718