Tax Planning for a Software Professional (30-40lacs)

Hi friends..

I was not so serious about Tax till today, but one of my friend really wants me to take some advise on this and take this seriously and so Im here.

So, here is the scenario.

Im an individual and work as a Software Developer for a lot of companies and firms all over the world in contract basis and they make the payments via PayPal and Western Union.

So, my current 2009 Jan - 2009 Nov counts to around 36 lacs all total, if I start counting.

From this money, 22 lacs, I invested on my bungalow as a whole,without taking any loans.

Other 10 lacs, I have saved in my SBI Savings account for my 2nd new car.

other 5-6 lacs were spent on household and bill payments.

I started from Jan 2008 as a professional, before that I was in my engineering career.

So, I also filed an Income tax on this March 2009 and May 2009, 2 times, for just 2-4k .

The CA said, not to show more and just pay 2-4k and show 2 lacs as annual income from consutancy.

But I think, I dint do that correct by trying to cheat the Income Tax Dept.

So, im thinking right or the CA is right ?

But I dont see any reason, why Im so much worried ?

There are ppl who make crores and live happily. Then why a small fish like me should be worried ?

Shall I ?

But yeah, I dont know, how those big fishes plan their tax or how much tax they pay.

What I trying to do now is, gett some helpful replies from you guys and then decide, what to do.

I dont want to cheat anyone or get caught later. Im a hardworker and I have earned this money from my 22 hrs of work and so I cant think of any situation, of people calling it as Black Money. So guys, kindly suggest me, what I shall do.

And please, dont give sh*tty replies like, "Contact your CA". I dont have a minute to do that right now and so I have just posted it here. Thanks..