how to file IT returns in India. i have been earning about $200 with PP and about $200 with adsense monthly for past 2yrs. Until now i havent filed any returns. how to file IT returns and i am unaware of anything? how to show a paypal withdrawal ? Is there anybody not filing returns/
You need to do that as you earn nearly 2lakh rs per annum... But as far as i know today was the last day of filing the tax return..Call any CA...he might charge anything between Rs300-500 and will solve your problems
will they take care of all the filling work! i mean a-z from filing to receipt! i have no problem paying their fee. Another question, will they ask for source of money? if true, what i have to show?
Well you need to pay tax if your earnings is more than 1,80,000+ from 1st April to 31st Match. You have tax benifits by showing 80C investments, gifts to your Mom or fees of tution classes. If your earnings are near 2,00,000 then you don't need to worry since you can show outgoing payments and you can get no tax! If you contact good CA then you get enjoy Tax free earnings upto 4,50,000 Rs per year.
File through http://www.taxsmile.com/ You need to first get a PAN card. Yeah today was the last date but nothing to worry about. The amount you are earning isnt something the Tax people are going to waste time on. They got bigger fish to catch....but make sure you maintain proper accounts from now on and file next year.
Any one paying tax what you earn from Google adsense. Just worried i need to pay TAX for my income. I am getting 30k to 50K Rs monthly. Will TAX department send notification to my address at the end of year to pay tax for that amount?.