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Deducting expenses against income earned from advertisement for itr

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Samti

30 Points Posted on 29 June 2018

Hi all,

Salary is my primary source of income.

But additionally, I've earned revenue from ads on my blog (Rs. 10,000).

Can I deduct expenses against it in my income tax return? If yes, what kind of expenses can I deduct?

Can I show it in "income from other sources" cloumn?

Thanks for your time.

Replies (3)

Gaurav Gulati

49 Points Posted on 30 June 2018

yes you can show it in other sources since its not your business to advertise and expenses incurred to earn that income are deductible under other sources

Samti

30 Points Posted on 30 June 2018

Helo sir, thank you for your guidance.

Ca you please tell me what kind of expenses can I deduct? Can I deduct electricity bill / Internet bill against this?

Also can I deduct curreny conversion charges and GST on this?

Thanks in advance.

Samti

30 Points Posted on 07 July 2018

Would appreciate any repsonse here.

Thank you.

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