Tax treetment of income from work at home

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Querist : Anonymous

Querist : Anonymous (Querist)

23 February 2014 Dear

Let me Know someone the Tax treetment in India of Income earned by resident Indian who work online at home for some such ( Nokia HCL Mobile International) companies of USA by on line transfer in his indian Saving A/c by conversion the proceeds of USD.
Please take it Urgent.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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23 February 2014 as resident your global income is taxable in India. you need to file ITR4/ITR4s depending on the nature of the work and subject to conditions under section 44AD.

Querist : Anonymous

Querist : Anonymous (Querist)

23 February 2014
Dear Sir

Is it be treated as income from other sources. The total income is more than 7.00 lacs and may I deposit the due tax as self assessment tax now.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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23 February 2014 well I believe it has to be included in income from business/profession. and yes, you should be pay the advance tax.

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