03 January 2014
I am doing Job typing in my home and earning income from it.
Also I am doing share trading as Intra day share trading.
I don't have any commercial name for doing Job typing. I am doing at home itself.
In this context, may I show the income generated from job typing as business income. If so, kindly guide me how to show my income generated from job typing?
May I deduct cost of printing consumables such as cost of paper, cost of purchase of Laser toner as deductions from my earnings
I am asking this query because I obtained PAN Card and my income from both job typing and intra day share trading is less than 2 lakhs.
CAclubindia
