Other Income

Ashish Jain (Student) (191 Points)

14 July 2018  
My Turnover during the F.Y.:2017-18 is ₹.5,00,000.00 Approx. For which I have shown Net Profit under 44AD amounting to ₹.42,000.00. Further I have credited Capital Account by ₹.3,00,000.00 Approx as Other Income. Is the Other Income Taxable under GST. And I would also like to know any suitable word instead on Other Income? Experts please guide me. Thank You.