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How to tax honorarium???

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(Querist)
25 July 2014 Sir
One of my friend is running a school which is registered under Trust. his name is recorded as an trustee in the Bye Laws of the said school. he is receiving some honorarium from the school.
Under which source should i show that amt, and at what rate is that amount taxable?
is their any restriction on honorarium?
can any school which is registered under trust can pay anything to the trustees?

pls guide me...
thanks in advance.

Regards
Kavitha
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
25 July 2014 no. you cannot pay. this would amount to violation of 12AA registration.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
25 July 2014 no. you cannot pay. this would amount to violation of 12AA registration.
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