I want to ask whether we have to pay tax on the money that I earn through ClixSense. I tansfer money from Clixsense to Paypal account and from Paypal to bank account.When I opened my Payapal account I have already provided My PAN card details.Besides earning money from ClixSense I also earned money from my Job.Although my job income doesn't come under taxable income but when I combine my job salary and clixsense earning it comes under taxable income according to Indian government.How can we show this income and pay tax on this income.As PAN card details we have already in Paypal account so all transaction we do through Paypal Income tax department will be aware of that so we can't hide this income.

I want discussion on this topic

Thanks

go to income tax office or a tax expert and ask them about ........ the best way to get your answer .

baibhav8421 wrote: I want to ask whether we have to pay tax on the money that I earn through ClixSense. I tansfer money from Clixsense to Paypal account and from Paypal to bank account.When I opened my Payapal account I have already provided My PAN card details.Besides earning money from ClixSense I also earned money from my Job.Although my job income doesn't come under taxable income but when I combine my job salary and clixsense earning it comes under taxable income according to Indian government.How can we show this income and pay tax on this income.As PAN card details we have already in Paypal account so all transaction we do through Paypal Income tax department will be aware of that so we can't hide this income.

I want discussion on this topic

Thanks

How much you are earning through clixsense that your income is not taxable from your job but it cames under taxable income after adding clixsense income whatever you can show your clixsense under income from other sources but before adding it to ur taxable income deduct all ur expenses u incurred for clixsense and then if ur taxable income came under taxable limit then u hve to pay tax i hope u got ur answer

In expenses can I show Internet connection charge, electricity charge, laptop buying charge etc?

baibhav8421 wrote: In expenses can I show Internet connection charge, electricity charge, laptop buying charge etc?

No .. u cant because it is not deducted from the income .......... tax occurs on the the total turn over of your business

hello baibhav8421 clixsense will send a one year statement of your transactions at the end of financial year ...u can now submit that and pay your tax !!

Sukam wrote:

baibhav8421 wrote: In expenses can I show Internet connection charge, electricity charge, laptop buying charge etc?

No .. u cant because it is not deducted from the income .......... tax occurs on the the total turn over of your business

you are wrong you can claim such expenses for deductions bcoz those expenses are incurred during using clixsense but the main thing is how you allocate the expenses this will be difficult

baibhav8421 wrote: In expenses can I show Internet connection charge, electricity charge, laptop buying charge etc?

you will have to charge depreciation for your laptop and the rate will be the rate prevailing currently for Plant&machinery

Thanks for this information