is it youtuber Income is Export of Services?
Gst @ 0%?
Income applicable u/s 44ADA Professional & Technician?
GST ON YOUTUBER INCOME
Replies (6)
Quick Summary
Yes YouTube income should be considered as professional income
What about GST Applicability?
18% GST is applicable on YouTube income.
Whether you have an youtube channel? Mention the name of the channel
Channel Name: Telusko
If you have viewer from outside india, then that will be considered as export of service.
applicability of section 44ada is being arguable, as there is a difference of opinion
applicability of section 44ada is being arguable, as there is a difference of opinion
You can opt for section 44Ad of income Tax act for Youtube, blogging or adsense earning upto 2 crore. For more than 2 crore of gross earning, you have to pay tax after getting account audited.
2. If you are going for ITR-3 Income from Business & Profession, audit by CA will be applicable for Income exceeding 1 crore. This become exempt upto 2 crore if we are opting for 44AD.
In simple words, even you have a turnover of upto 2 crore, if can opt for 44AD, you don’t have to maintain books of account and no need to follow audit procedure. Just file your ITR on time.
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