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
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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.
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