vinit karan (6 Points)
20 March 2023Hi, I am working in an organisation with an annual salary of 25+ LPA. For a side income, I started app development on Play Store and Apple Store. I am earning around Rs 7-8k per month from ad revenue and Rs 2-3 k per month from in app purchase which is done by users from India as well as outside.
My question is how do I pay tax on this app income? Should I combine it with my salary while filling ITR. Also, do I need to pay GST on this. As this is a side project, I do not have any GST no.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178301 Points)
Replied 20 March 2023
Based on the quantum of the transaction as stated in query, GST would not be applicable.
You cannot add the income under Salary head; but it may be declare under head 'Income From Other Sources'
vinit karan
(6 Points)
Replied 20 March 2023
Thank you for the answer sir. I also want to know when is the GST generally applicable?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178301 Points)
Replied 21 March 2023
Depends upon your terms with app stores, but mostly they ask for your business account with GSTIN.
CAclubindia
