Hello
I have a tax related query.
Can you tell me How to pay tax for income generated on line?
For e.g. for website advertisement, web hosting business, domain business etc.. Similar to indiatimes.com, rediff.com business.
Suppose I have a site like rediff.com and earning on-line money, under what sections/rules I have to pay tax in India ?
Please help
Thanks
Tax law/rules regarding online income India?
Normally it is income from business or profession. You will file ITR-4.
For information on your India Income Tax return and to download the forms, go to http://mytaxes.in/index.php?topic=32.0.
If you want to file online from income tax India site, read http://mytaxes.in/index.php?topic=94.0
Reply:It depends as to how you are getting payments......
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