What are the tax implications?

Tax queries 523 views 5 replies

Hello,


I have a multi-author blog and the all the earnings are on my name and I am paying the authors monthly from the same amount. I am working from home and use a part of our home and internet. So what are the tax implications and what expenses and how do I show the expenses as I am paying to the other authors.


Thanks

Replies (5)

Income from business and profession.

What you are paying to the authors is like a fee or commission for rendering their authorship services to you, and these are deductible. There is no employee-employer relationship with these authors. Expenses incurred to run the blog/website too is deductible. Whatever is left after paying off the authors and blog maintenance, is your income/profit. 

Are you deducting TDS from payment to these authors?

 

agreed with mihir..also tds shud be deducted while paying authors..

Hi, thanks for the reply.

The payments are actually sent by paypal (through credit card) overseas, some by direct cash, and some by transfer/check and I pay for Internet and servers in USA.

So what records do I need to maintain and what is TDS % for Indians and TDS % for overseas payments and lastly is their anylimit like 2 lakhs where we need not deduct it (Indians and Overseas payments)?

Thanks

any help friends?

If u are making payment to a non-resident ,30.9% tax shall be levied and to a resident Indian,10%.These are the rates of TDS for professional fees. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details