amitsingh
(Querist) 09 May 2015
This query is : Resolved
I am selected in a good govt job.I am now a student and about to join this job in nov 2015. I have taken coaching from delhi, my rank is good and now in a ceremony coaching wants to honour me and cash prize. Now the doubt is that 1.Is there any leagl problem accepting prize as I had studied in that coaching and really a lot of credit of my success goes to it ,coaching dont ask me any favour in return. 2. Should i give tax at this prize and what will be the tax rate.
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