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Ellora Baliarsinha

Recieving of commission to personal Saving account

How far it is wise for a secretary of an NGO to receive commission to its personal saving account and then transfer the fund to its NGO current Account in respect of Tax and Accountability. Please can advise me more  

Viewed by 508
Pradeep Lunia
Any income received in personal account is Taxable more  
Arupratan Sit
use only institutional a/c for NGO purpose....any flow in your personal a/c will be be considered as your income...what you have to pay individually. When you are in NGO, you have a designation/post....you are not an individual. you are signatory. On Sun, Nov 27, 2016 at 6:00 PM, Ellora Baliarsinha < support@localcirclesmail.com> wrote: > more  
Mohammed Karjatwala (Accountant)
As far as I can understand, the commission received in your Personal Account would be income for you. As for the transfer into the NGO, it would be deductable as donation if the NGO is registered under 80G more  
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