Merchant account taxable?

14°
Missing
Deal Cadet
155
619
3

Hi,

Is the payment received via Paytm wallet in the merchant account taxable?
Can I create a separate account for the merchant than that of normal account? (Currently, both are in the same account)
Is the money received via zingoy/cashback sites in bank account via NEFT taxable?

I am pretty above the taxable limit.

1 Comment  |  
2 Dimers
Missing
Deal Subedar
195
2915
40

Forget all that, FYI from this moment, even your post on DD is taxable, I have reported you to the tax babus ,

Just kidding, yes any income is taxable, the percentage depends on your slab,

Missing