Income tax on internet income

Hi,

 

there are several business options (money making options) available in internet; example PTC - Pay to click . or job typing .etc.

Do we need to pay income tax to india government for such income generation?

How do we know whether that kind of money making business is legal or not?

without knowing whether such buziness is legal or not, and making money , should not put us into trouble latter.

 

Thanks

Vadivel

 

kindly guide me ,  whether one can pariticipate such kind of online job.

 

Replies (8)

If you are a resident of India then all your income whether legal or illegal is taxable in India. So that income is taxable.

Agreed with Aditya Sir

Dear Vadivel,

 

Yes, Income generated from Internet job it should be taxable under the head of INCOME FROM BUSINESS AND PROFESSION.

any income arises from legal or illegal business you should have be to pay tax on such income to income tax department.

 

In my opinion, this type of business should be legal business.

and any income accrue or arises in India or received or deemed to be received in india should be taxable in the hands of assesee.

you have not given full details about the work

Any typing job or any job in which no illegal activity is done on internet would be a legal income from online business.

It would be taxed as per provisions of profits and gains arising from business and profession.

There is no distinction between legal / illegal business ... all income is taxable as long as u r a resident in India.

However will there be no tds ? by the person paying you this income.

Hi,

thanks to all for the reply.

 

now, my concern is whether the internet buziness i am dealing with is PTC site (pay to click); short of clicking some advertisement in their site, for that they are paying $.

I am worrying whether such buziness is legal one or not; just because of making some $, i should not end up with any legal issues

 

Thanks

Vadivel

Originally posted by : vadivel

Hi,

thanks to all for the reply.

 

now, my concern is whether the internet buziness i am dealing with is PTC site (pay to click); short of clicking some advertisement in their site, for that they are paying $.

I am worrying whether such buziness is legal one or not; just because of making some $, i should not end up with any legal issues

 

Thanks

Vadivel

if u get $ ub real then u can hire some high end personals to resolve these issues, :D but the question is the receipt of $, best of luck ( in case u can pay ur internet bills even with these $s)

Hi,

Since here we have CA experts, would like to know this kind of buziness (PTC - pay to click) is legal one or not .

Thanks

Vadivel

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