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Salary tax help

SHASHIDHAR (DATA ANALYST/ STUDENT) (682 Points)

09 September 2014

It's been a long time I haven't logged in to this site. I'm a CA drop out. Well, I was here years ago.

Caclub Members, Could you please help me on this? I work online and make 16,000 per month hardly. I want to file IT. Do I have to consult CA for sure? Please tell me the whole process.

Can i pay by myself? Please send me the links if its possible.

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4 Replies

CA Saloni (Manager-Accounts & GST Consultant) (5124 Points)
Replied 09 September 2014

Hi dear,

welcome back...

If you work for any particular organization, then consider your income as salary....

If you work as a freelancer, then may be business income.

but 16000*12 is below compulsory limit...

Srinath (Chartered Accountant) (166 Points)
Replied 09 September 2014

Welcome back!

Assuming you do not earn any "other income" other than that stated by you then Saloni's answer holds true (w.r.t. Salary/Business incomes)

SHASHIDHAR (DATA ANALYST/ STUDENT) (682 Points)
Replied 09 September 2014

Hi Freinds,

Thank you very much for the input.

But my my question is how much do i need to file? (In Amount)-?? Can i pay it by myself? Or for the first time i need to approach Chartered accountant? I want to file ITR for the first time. It's not like salary, But something related to online business as ( Freelancer)

So I just want to make it reasonable for further helpful in future. It's unnecessary to pay tax in my field. But i want to benefited by ITR for future reference.

Thank you.

Waiting for your valuable replies

Sakthi Baskaran (Chartered Accountant) (141 Points)
Replied 09 September 2014

Assuming you don't have any other income,your income is less than basic exemption limit (16000*12).therefore tax payable is nil.you can file return by yourself.