Do I need to pay income tax on my Seocheckout earnings?

cyberxcrime Level X⁵

August 19, 2013, 11:39 am

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Do I need to pay income tax on my Seocheckout earnings?

Hello Mate,
I'm from INDIA and I'm really confused about Seocheckout earning. Everyone know that Seocheckout deduct 20% from our earning. May anybody tell me Do I really need to pay taxes from Seocheckout earning?

If YES then please guide me how to filed income tax returns file?

Thanks in Advance,
>>CyberXCrime<<

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SEO365

SEO365

Hello CyberXCrime, You have to pay tax to your local government, because Seocheckout takes 20% earning is Seocheckout Profit / his business strategy. seocheckout not pay any tax behalf of you.

Thanks
SEO365

11 years ago

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alzubair

alzubair

Yes,.. as we know Seocheckout deduct 20% from our earning as marketplace fee and you don't need pay tax from Seocheckout earning.. you just pay additional fee if you request payment trough Payoneer.

11 years ago

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truepalsforever

truepalsforever

Yes, You need to pay Income tax depending upon your total earnings in a Financial year to Indian Govt corpus
and Paying Seocheckout fees doesn't mean that you need not to meet your tax liability, You need to do so
Thing in this manner, Suppose You rendered a SEO link building service for $15 and thereby Seocheckout charged
you up $4 @20% still you earned a clear profit of $13 unless you are able to show some legitimate expenses
incurred while rendering the same service.

11 years ago

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jakemadness

jakemadness

seocheckout deducts 20% from each sale or if the buyer buys from an affiliate 10% is deducted by Seocheckout and 10% goes to the affiliate. I hope this makes you understand more about how the deduction works best regerds ~Jake

11 years ago

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rajesh1raman

rajesh1raman

Yes any form of earning, you have to pay the income tax if it falls under the payable bracket. For India it is 2 lakhs. Any income beyond this, you have to report. or else you can be punished by law

11 years ago

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INSTANTSERVICES

INSTANTSERVICES

yes all person who have earning is pay income tax for our india 2.5 laks is the limit for incom tax free earnings. who earn more than 2.5 laks than thedy havev to pay income tax .

11 years ago

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vkmsolution

vkmsolution

income tax is only applicable when you are earning more than 2,50,000 Rs per annum below than that you are not eligible for paying taxes.

Your only have to pay for what you have transferred into your account or in other words you have to pay for those funds which belong to you and not for those amount deducted by seocheckout.

11 years ago

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