January 2016 (my account balance is 17,000) and i started working for a Paris company as designer remote job.
December 2016 (my account balance is same 17,000) but in 12 months i earned and spended 15 lakh from my job, so if i check my 12 months bank account statement it shows:
Opening Balance: 17,000
Debits: 15,000,000
Credits: 15,000,000
Closing Balance: 17,000
Earlier i never paid any tax becuase i started working from this year only, and whatever i earned this year i have spended all amount so do i have to pay tax? and if yes then how much.
CAclubindia
