I am in India. I have received 500 dollars from a US company thro paypal for online work. How to account tax?

Answer 1

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Since the amount is small, you can show the same under the head "Income From Other Souces". In this head show the same as "Other Income" and pay taxes as per slab rates.

Answer 2

Hey dude, which company paid you this much of money. Please let me know of the company and i would also like to work for the same company..

Answer 3

hi..

it is your business income so calculate this in your other business income and
there is no other account
its simple like other income.but add this income with your income .
just inform your accountant or consultant.

Answer 4

i do not no
please you confirm me immed.

Answer 5

You may contact a tax expert live at website like taxfiling.co.in ,etc .