Income from Mobile apps

286 views
User Avatar

Engineer
1 Points Posted on 16 July 2022

I have apps on Apple Appstore. Apple pays in USD -  its around 20Lakh Rupees.

From the free version of mobile apps I earn around 60Lakh Rupees from Google Admob(Adsense) - Singapore.

What is the best way to save money by paying taxes - Section 44 AD?

 

 

0 Reply Share Follow
On 16 July 2022 at 14:22 Report
Replies (2)
Quick Summary
This discussion explores tax-saving strategies for income generated from mobile apps listed on the Apple App Store and through Google AdMob. The user is seeking advice on utilising Section 44AD of the Income Tax Act to minimise their tax liability on earnings received in USD and SGD. Several users have offered to provide personalised guidance based on the specifics of the income and business structure.

User Avatar

Chartered Accountant
1996 Points Posted on 16 July 2022
Hi Raghu,

to decide the applicability if 44AD the nature of income (commission , subscripttion fee , licence fee or professional etc ) is very important and the format of your business ( individual , partneship or pvt Ltd etc ).

you can write to me in details at sthayin @ gmail
Reply
On 16 July 2022 at 14:52
User Avatar

Practising CA
8954 Points Posted on 17 July 2022
Hi Raghu
please contact on raj at the rate rcdco.in
Reply
On 17 July 2022 at 02:16

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Guidence requested for a Finance Professional with
  2. Expert Opinion Required – Form 140 Gross Amo
  3. WRONG TAX DEMAND - formal responses , rectificatio
  4. Foreign remittance
  5. Affordable Residential Flats in Gurgaon
  6. Manufacturing
  7. TAN REGISTRATION ON E-FILLING SITE
  8. Form 10-IEA – Continuing Old Regime
  9. Income tax act 2026
  10. Belated Return where Form 10IEA filed this year to

More recent discussions | Post

Related Topics :

Loading