Earning extra money through admob and in-app purchases apart from salary

Save Share

This query is : Resolved

Quick Summary

This discussion addresses the challenges of reporting additional income earned through Google AdMob and in-app purchases when you already have a full-time salary. The user is seeking advice on how to correctly file their tax return in the UK, specifically concerning income received in both USD and INR, and understanding TDS implications. The advice provided suggests filing an ITR 4 form and treating the income as professional income under section 44ADA, while clarifying that the user is responsible for paying tax on AdMob income directly.

shivam rajput

shivam rajput (Querist)
Follow

08 January 2023 Dear Sir/Mam,

I have salary greater than 5 lakhs rupees per year and apart from this salary I am earning 20000 rupees per year by Google admob which is paid by Google through wire transfer in USD and I earn around 10000 rupees per year by in-app purchases which is paid by Google by bank transfer in INR after deducting TDS. Now I am having very difficult time understanding how to fill tax return and what to do. The extra earning is not that big but still I do this as part time activity, I do not want to take any risk please help, any help is appreciated.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

09 January 2023 File ITR 4 and show it as professional income and claim 44ADA.

shivam rajput

shivam rajput (Querist)
Follow

09 January 2023 Sir,

Why the tds has not been deducted from admob income which came through wire transfer in USD, does this mean I have to pay tax on this my self or there is no need for this,

Note - I have not registered this as a business and I do not have gstin or any thing, this is just part time activity that I did in college but now I started getting salary from this year.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

09 January 2023 Yes we you are right you have to pay tax yourself on this income.
Upto 20 lacs income GST registration not required.

shivam rajput

shivam rajput (Querist)
Follow

09 January 2023 Sir can you please tell me how to pay tax on this income and at what percent and on which website. under what head like self assessment or advance tax something like that.

Thank you in advance

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

09 January 2023 File ITR, the form will tell you how much tax you have to pay as self assessment tax.

shivam rajput

shivam rajput (Querist)
Follow

09 January 2023 Thank you for help sir

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

09 January 2023 You are welcome....
..

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now