Please wait...
HomeForumInternationalHindiRegarding Tax
Topic Rating:

Jump to
ySense Customer Care CornerySense Knowledge CenterMembers LoungeYour StatsSuccess StoriesPayment ProofsMember IntroductionGeneral TalkForo en EspañolCharla GeneralSoporte General y PagosInternationalPortugueseItalianFrenchGermanHindiUrduFilipinoIndonesianArabicRomanianTurkishRussianBulgarianHungarianPolishEx-Yugoslavia
Regarding Tax

Locked

#1 by baibhav8421 » Sun Aug 11, 2013 06:04

I want to ask whether we have to pay tax on the money that I earn through ClixSense. I tansfer money from Clixsense to Paypal account and from Paypal to bank account.When I opened my Payapal account I have already provided My PAN card details.Besides earning money from ClixSense I also earned money from my Job.Although my job income doesn't come under taxable income but when I combine my job salary and clixsense earning it comes under taxable income according to Indian government.How can we show this income and pay tax on this income.As PAN card details we have already in Paypal account so all transaction we do through Paypal Income tax department will be aware of that so we can't hide this income.

I want discussion on this topic

Thanks
baibhav8421
Posts122
Member Since31 Jul 2012
Last Visit21 Nov 2021
Likes Given55
Likes Received16/12

#2 by Sukam » Sun Aug 11, 2013 07:16

go to income tax office or a tax expert and ask them about ........ the best way to get your answer . :)
Sukam
Posts2,311
Member Since3 Dec 2012
Last Visit25 Jan 2022
Likes Given2,090
Likes Received1,835/862

#3 by subway_123 » Wed Aug 14, 2013 19:53

baibhav8421 wrote: I want to ask whether we have to pay tax on the money that I earn through ClixSense. I tansfer money from Clixsense to Paypal account and from Paypal to bank account.When I opened my Payapal account I have already provided My PAN card details.Besides earning money from ClixSense I also earned money from my Job.Although my job income doesn't come under taxable income but when I combine my job salary and clixsense earning it comes under taxable income according to Indian government.How can we show this income and pay tax on this income.As PAN card details we have already in Paypal account so all transaction we do through Paypal Income tax department will be aware of that so we can't hide this income.

I want discussion on this topic

Thanks

How much you are earning through clixsense that your income is not taxable from your job but it cames under taxable income after adding clixsense income whatever you can show your clixsense under income from other sources but before adding it to ur taxable income deduct all ur expenses u incurred for clixsense and then if ur taxable income came under taxable limit then u hve to pay tax i hope u got ur answer :D
subway_123
Posts177
Member Since14 Oct 2011
Last Visit6 Oct 2017
Likes Given0
Likes Received18/15

#4 by baibhav8421 » Thu Aug 15, 2013 04:09

In expenses can I show Internet connection charge, electricity charge, laptop buying charge etc?
baibhav8421
Posts122
Member Since31 Jul 2012
Last Visit21 Nov 2021
Likes Given55
Likes Received16/12

#5 by Sukam » Thu Aug 15, 2013 04:37

baibhav8421 wrote: In expenses can I show Internet connection charge, electricity charge, laptop buying charge etc?

No .. u cant because it is not deducted from the income .......... tax occurs on the the total turn over of your business :)
Sukam
Posts2,311
Member Since3 Dec 2012
Last Visit25 Jan 2022
Likes Given2,090
Likes Received1,835/862

#6 by SriKanthSai » Thu Aug 15, 2013 07:40

hello baibhav8421 clixsense will send a one year statement of your transactions at the end of financial year ...u can now submit that and pay your tax !!
SriKanthSai
Posts400
Member Since30 Aug 2012
Last Visit4 Apr 2016
Likes Given44
Likes Received51/37

#7 by subway_123 » Thu Aug 15, 2013 19:15

Sukam wrote:
baibhav8421 wrote: In expenses can I show Internet connection charge, electricity charge, laptop buying charge etc?

No .. u cant because it is not deducted from the income .......... tax occurs on the the total turn over of your business :)

you are wrong you can claim such expenses for deductions bcoz those expenses are incurred during using clixsense but the main thing is how you allocate the expenses this will be difficult :)
subway_123
Posts177
Member Since14 Oct 2011
Last Visit6 Oct 2017
Likes Given0
Likes Received18/15

#8 by subway_123 » Thu Aug 15, 2013 19:16

baibhav8421 wrote: In expenses can I show Internet connection charge, electricity charge, laptop buying charge etc?

you will have to charge depreciation for your laptop and the rate will be the rate prevailing currently for Plant&machinery :D
subway_123
Posts177
Member Since14 Oct 2011
Last Visit6 Oct 2017
Likes Given0
Likes Received18/15

#9 by baibhav8421 » Thu Aug 15, 2013 21:04

Thanks for this information :thumbup:
baibhav8421
Posts122
Member Since31 Jul 2012
Last Visit21 Nov 2021
Likes Given55
Likes Received16/12
Return to 'Hindi' Forum     Return to the forums index
All times displayed are PST - Server Time: May 21, 2022 02:48:46 PST