How should i pay income tax for variable income?

Tax planning 410 views 1 replies

Hi,

 

I have last year i changed couple of companies and now i am getting variable income as a freelancer.

First Company: 34500 / month salary for 4 months

Second Company: Salary variable sometimes 31000/month, sometimes 10000/month for 8 months

Now i am working as a freelancer and getting less income from freelancer.com sometimes 7000, sometimes 1000/month.

 

Should i pay income tax? If yes, then how?

Please some body help me. 

Replies (1)
first of all add up all your salary and show under the head salary. now add all receipts from freelancer and deduct your expenses. net income will be show under pgbp. now add salary and pgbp and compute tax. this tax will be paid by you and then return filed.


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