HI,
i have just received Rs. 200000/- form one NGO copany, just i want to ask that is taxable for me, or a NGO compnya can give money to a individual. As my salary is alreay in under 30% slab.
Pleae advise......................
Thanks
Jitender
Menu
Fund received from ngo
Replies (2)
I think it is taxable in your hands. Can you elaborate more on this? I mean, for what purpose have you received the amount? It depends on that a lot.
If 2 lakh Rupees received in Cash then, the heavy penalty applied.
If 2 Lakh Rupees received in Digital / Bank to Bank Account Transfer then there is Normal Tax Rate Applied.
If your received 15+ thousand monthly as salary or any consultation fee then no big problem.
Recent Topics :
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
Related Topics :
CAclubindia
