• Mobile in-app purchase income tax

My Mobile app is earning money from in app purchase and I'm getting money in INR in my bank account through google. My all the sales are outside from India and there is a topic on google discussion which clears that google is responsible for GST collection if it is not from developer's home country.

I just need help in Income tax and what I have to do need full guidance.
Asked 2 years ago in Income Tax

Kindly clarify whether you are residential status. Whether you are resident or non resident 

Vidya Jain
CA, Kolkata
1010 Answers
58 Consultations

4.8 on 5.0

You can file your income tax return under presumptive scheme taking 50% income as taxable.

Ruchi Goel Anchal
CA, Gurgaon
525 Answers
16 Consultations

5.0 on 5.0

Are you staying in India?

Is your business situated in India?

If answer to both above questions is no then you are not required to pay any tax in India.

 

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

Thank you

Naman Maloo
CA, Jaipur
4272 Answers
97 Consultations

5.0 on 5.0

- Under Income tax you can avail the benefit either u/s 44AD or 44ADA.

Vivek Kumar Arora
CA, Delhi
4840 Answers
1037 Consultations

5.0 on 5.0

Dear Sir,

 

In reference to your query, it is assumed that your base of operations is also in Canada, whence the service you are providing is outside India as well as the service recipients are outside India.

In that scenario there would not be any GST liability on you.

 

Please advise in case of any further clarification.

 

Thanks & Regards,

CA Aditya Dhanuka.

Aditya Dhanuka
CA, Kolkata
83 Answers
5 Consultations

5.0 on 5.0

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