Income tax filling for freelance/proprietorship business

Mrinmoy (Software Engineer) (86 Points)

28 September 2015

I am Software Engineer & work for a company. I also run a proprietorship business.

Do I need to maintain books of account?

Where can I mention the following income or expenses in ITR 4 (AY 2015-16)? I did not find any option there.

1. Internet bill

2. Apps purchases from third party for integrating to client's websites

3. Hosting and domain purchase expenses

4. Income from online advertisements

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3 Replies

Miss Rinkal (Student) (1309 Points)
Replied 29 September 2015

Please provide further details as to turnover, nature of your business, profits/gross receipts from your business

Mrinmoy (Software Engineer) (86 Points)
Replied 30 September 2015

Originally posted by : Ms. Rinkal
	Please provide further details as to turnover, nature of your business, profits/gross receipts from your business

Freelance web development business.

Amount recieved from clients: 2lacs.
TDS deducted by client: 15K.
App purchased for client: 10K
Domain & Hosting: 30K

Miss Rinkal (Student) (1309 Points)
Replied 30 September 2015

Income from online advertisements will be shown in other operating revenue.

Internet bill under other expenses. And hosting and domain purchases, apps purchases under purchases

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