First time tax payer
This query is : Resolved
17 December 2014
I am a freelance IT Developer. I started earning from this year and would like to have a legal tax statement.here are my various earning sources
1. Freelancing
2. Agriculture Income
3. Stocks & Options Trading
All in all till now I have earned close to 2,25,000 INR. (calculated from April 2014)
How should I go about paying my tax? Please direct me to a good platform that helps me with paying my tax and filing my returns.
1. Freelancing
2. Agriculture Income
3. Stocks & Options Trading
All in all till now I have earned close to 2,25,000 INR. (calculated from April 2014)
How should I go about paying my tax? Please direct me to a good platform that helps me with paying my tax and filing my returns.
18 December 2014
You can show your IT freelancing and share trading income u/s 44AD which provides for showing at least 8% net profit out of gross receipts. Agriculture income is not taxable.
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