a male person after retirement join a ashram and receive monthly pension from the govt. he open a saving account and many peoples send money as a donation into such saving account. question is this such donation amount treated in the head of other sources or exempt ed income .
If income of donations is less then 2.5 lac then no tax liability nor you are required to take registration under income tax. If donations income is huge (say greater then 2.5 lac ) you must take registration for availing exemptions other wise it is taxable at normal rates as individuals