Affiliate marketing and Youtube channel related

Even if you don't register as sole proprietor you need a PAN card to file income tax return and also YouTube will ask for your PAN card to verify.

If you want promote yourself as a brand you can make a sole proprietor but there is no such need to compulsorily have a sole proprietorship.

Now the income which you earn from YouTube or affiliated marketing you can show it as income from other sources if it's your part time income and if it's your full time work and only source of income then you can even show it as professional income and in the beginning when you don't have much income i.e. your annual receipt is below 50lakh you can file income tax return u/s 44ADA i.e. presumptive section. And show 50% of gross receipts as your income and file return of income.

Hope you find it helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you

All the best for your YouTube channel.

Hi,

- It will be income from business. There is no registration requirement in case of sole proprietorship.

- Apply for PAN card. Open separate current account for this business.

- You need to obtain GST registration when the aggregate turnover exceeds Rs.20 lacs.

Thanks

Hi,

The income will be considered as business income and you will need to get a new PAN card.

You will also need to get GST registration if the aggregate turnover exceeds Rs.20 lacs. There is no compulsion to get registered as a sole propreitorahip firm.

Hope that answers your query.

Regards,

Nikhil.

It will be income from business and profession.

You don't need to register. New PAN card is not required. You can use existing pan card.

No, it will be your existing personal pan card.

Others might be thinking that you don't have a personal PAN card.

In case of sole proprietorship, you need PAN of individual otherwise you need for business entity and for Individual both.

It will be your own PAN card, in case of a proprietary concern there is no different PAN card issued. The PAN of a person who is doing a business or profession uses his personal PAN card.

Hope you find the above information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you

Dear Sir,

Hope you are doing well !

It will be treated as income from business and profession.

No, you do not need to register separately.

As a sole proprietorship, you can use your own exiting PAN card.

Thanks & Regards,

Payal Chhajed

If you already have a PAN card, you dont need to apply again. You can use the same PAN.

Dear Sir,

There is no Business PAN card thing. You can simply file your Return considering the Business income also.

Thanks,

CA Sourabh Pahuja

Hi

It will be your business and profession income.

For sole prop,new pan card not required.Existing Pan card to be used.

Get a current account from bank and take GST registration if turnover exceeds 20 lacs.

Hope it help

Hi

It will be your business and profession income.

For sole prop,new pan card not required.Existing Pan card to be used.

Get a current account from bank and take GST registration if turnover exceeds 20 lacs.

Hope it help

Dear Sir,

It will be your business income. You don't need to register.

If you have your own PAN card, then you can use the same for your business.

Hi

Yes, this would be a income from Business or Profession.

You can work as a sole proprietorship concern for which your own PAN shall be used.

You don't require a new PAN card.

Also, check with the GST perspective. For Youtube channel, you don't need GST registration till your income exceeds 20 lacs. However, in affiliate marketing, if your commission directly relates to the sale made, you will need GST registration in the starting.