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Paying Tax on Adsense and Affiliate Income in India

Discussion in 'Business & Tax Advice' started by ePrime, Mar 26, 2017.

  1. ePrime

    ePrime Jr. VIP Jr. VIP

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    This is the first year I am going to pay taxes and I have no idea how to do it.

    My revenue is in mid XX,XXX USD for the year 2016-17
    Out of that, 70% is from Adsense, 25% is from Affiliate Income and rest is from Bitcoin/Share market trading.

    My question is, can I avail the presumptive taxation(44AD) where I have to pay for 8% of the total receipt? I Googled and got mixed responses. I tried to contact a CA and he had no idea what is Adsense.

    I will appreciate any help.
     
    Last edited: Mar 26, 2017
  2. ePrime

    ePrime Jr. VIP Jr. VIP

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    Anyone?
     
  3. i_am_noob

    i_am_noob Newbie

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    Please do not go for any irrelevant answer . In one line. GO TO A DIFFERENT CA FIRM . suppose you do anything that was mentioned here or there on internet and your bad luck is that you messed up with INcome tax department.. then you will be ruiened . Please contact other c.a may in big city like delhi bombay jaipur , don't obey anything without full info from.net

    Btw i am from india too

    A littel tio here.. IT department is fu*kjng all jewwlers and land owerner for this year .. so you are safe evem if u dont pay tax

    But again its a internet tip ..

    Be honest and pay tax
     
  4. seoes

    seoes Junior Member

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    to be honest not much CA in India know abt adsense