I own a website which gives free download links to copyrighted material. I dont host any of the material. The problem I face is that I made 1.2 lakh rupees this month and will be making more than this the next month. This is the problem I face because i now have to consider tax payments and (am 19 yrs old) I know nothing about all this tax and paying money to the goverment! 1. Should i get my website registered as a propietership business? and then pay tax? 2. Would i goto jail for getting a copyrighted-content-website registered as a legitimate propiertership business in India? Also, i cant skip paying taxes as I get my payments thorough paypal, and i have to add my PAN card number to paypal to get them withdrawn to my bank account. So, this way the government knows all about the income I recieve per month.