Receiving online personal donations
djnidz
(Querist) 22 June 2013
This query is : Resolved
Hello Sirs,
Im building a website with multiple useful information and links to many useful products etc. I would like to implement a "Support" (donate) button for the people who would like to make some generous donations which I can use for the maintenance of the website and adding regular new contents and also use some spare for myself.
Is this legal in India? I Stay in Bangalore. Im not a Non Profit Organisation. I offer people some services online for free and giving people an option to donate. Im planning to implement an online payment gateway so that people across the globe can use their credit cards to make the payment if they wish.
I need some advise from law experts on this before I start working towards the completion of the website.
Thank you
J K Agrawal
(Expert) 22 June 2013
No problem at all. Go ahead. It is legal in all respect.
Raj Kumar Makkad
(Expert) 25 June 2013
Obtaining online donations is not violative of any law of land.
djnidz
(Querist) 25 June 2013
Thank you Mr. Agrawal and Mr. Raj Kumar for your advise. Im going to continue the development of the website. Thanks again for clearing my doubt.
prabhakar singh
(Expert) 25 June 2013
Several organizations are already practicing
it.
No law bars it.
Go ahead.
Anirudh
(Expert) 25 June 2013
But the donations that you get will be treated as income and is taxable in your hands.
prabhakar singh
(Expert) 25 June 2013
Tax is a natural incidence everybody should understand while dealing fiscals and should accordingly look into tax laws involved.
