Sponsor a coffee.for a blog
This query is : Resolved
Quick Summary
kartik_somu
(Querist)
18 March 2022
I run a blog. Viewers would like to contribute small amounts as contribution
Will use it for promoting my website and developing it further.
What are the permission required if the amount is received from other countries?
What will be the tax impact?
Will use it for promoting my website and developing it further.
What are the permission required if the amount is received from other countries?
What will be the tax impact?
CA R SEETHARAMAN
(Expert)
19 March 2022
For such small amount tax not applicable.
If your income is more than 5 lacs tax payable.
If your income is more than 5 lacs tax payable.
CA Puja Sharma
(Expert)
19 March 2022
No such permission are required at present.
Please file your Income Tax Return duly including the receipts from foreign sources.
Please file your Income Tax Return duly including the receipts from foreign sources.
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