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Online adroid game income

TDS 511 views 1 replies

lalit

finance executive

43 Points Joined January 2010

Dear All

I have confusion that i developed android game thereafter i will upload this game in apple store and i will earn income in dollar by customer downloading means this dollar will credit in my indian Bank account no.which is given by me at time of registration.

so my question is that is bank will deduct TDS ON THIS INCOME? If deduct then how many % on this income?

Please give your view

Regards

Lalit Khunt

Ahmedabad

Mo-9327116338

Replies (1)

Mihir

Wealth Manager

5293 Points Joined December 2008

I think there will be no TDS. Bank is only providing a services, a platform, by which an individual in a foreign country can remit your charges for downloading your game.

There will be bank charges. What registration have you made with the bank regarding this facility? It all depends on this.