Merchant account taxable?

Merchant account taxable?

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Deal Cadet
104
194
0

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
Lord of love radha and krishna by parth27 d5gnfyw %281%29
Deal Subedar
195
2532
39

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,

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