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One of my friend, who is very poor, is hospitalized. His total medical expenses are around 1.8 lakhs. He is not in a position to pay even a small amount on this.

So, I am requesting people send money to my bank account. I will pay his medical bills with that money.

As per Income Tax rules of India, if I receive more than 50,000/- from others in my account, I will be taxed. So, is this applicable in this scenario as well?

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Aakash Goyal
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1 Answers1

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Why would it not be?

See, you are not a charity. If you would set up the legal framework, it may not be, but generally - do not assume you deserve special rules just because "needy".

TomTom
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