Which itr to file for advertising earnings?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 August 2015
Hi,
I earn online from advertising, by showing ads on my websites. I am a college going student, this is my only source of income. Which ITR should I file? I am confused between ITR 4 and ITR 4S.
In my opinion, my earnings are not commissions as I sell traffic to the advertiser. So it's payment for service. And it's not a "professional" job as I am merely placing ads on websites.
You guys are the expert, please help me out.
Also, say I earned 5 lakhs. In ITR 4S, 8% of the earnings is deemed as profit. So will I have to pay tax on 8% of 5 lakhs, or on my acutal profit out of those 5 lakhs, say 4.5 lakhs?
I earn online from advertising, by showing ads on my websites. I am a college going student, this is my only source of income. Which ITR should I file? I am confused between ITR 4 and ITR 4S.
In my opinion, my earnings are not commissions as I sell traffic to the advertiser. So it's payment for service. And it's not a "professional" job as I am merely placing ads on websites.
You guys are the expert, please help me out.
Also, say I earned 5 lakhs. In ITR 4S, 8% of the earnings is deemed as profit. So will I have to pay tax on 8% of 5 lakhs, or on my acutal profit out of those 5 lakhs, say 4.5 lakhs?
27 August 2015
Hi,
You need to file ITR 4 for the same. For further details pls contact bmohit02@gmailc.om
You need to file ITR 4 for the same. For further details pls contact bmohit02@gmailc.om
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