Online income to be shown in which head
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 November 2015
Under which head,should we show the income earned online. I run a website, as my number of visitors increase, my income increase. My principal business is job placement. whose income I show under business and profession. What treatment should I do to online income?
03 November 2015
The same as that of other instances. MErely because you get the income online does NOT per se change the CHARACTER of the income. It is still income from business or profession.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Selecting Tax Regime while for calculating tax relief on under Section89 of income tax act 1961.
- Cloud service
- Regarding Change in Signature before applying for membership
- Conversion of Pvt Ltd Company to a LLP
- P&L and B/s Format for Public Companies
- GST ITC on Liquidated damages
- Applicability of RCM on Frieght Inward supplies received from un-registered person
- GST on Fresh Juice Center(Sugarcane)
- SECTION 194T
- Accounting Policies changes
- Running non ac bus under contract with roadways
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
- TDS Return filing if only have 15G /15H deductions and no other payments
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
