Sample: Ritu, 33, home tuition for classes 9 to 12 in Lucknow.
Taxed on ₹92,000, not ₹14 lakh
Tuition is a business, not a 50% scheme profession. Income is 6% of UPI fees and 8% of cash fees.
Business, Sec 58 (old 44AD)
| Fees by UPI and bank | ₹10,00,000 |
| Income at 6% | ₹60,000 |
| Fees in cash | ₹4,00,000 |
| Income at 8% | ₹32,000 |
| Presumptive income | ₹92,000 |
Tax
| Tax for the year | ₹0 |
₹17 lakh received, 2 FIRA to collect
Kabir, 29, software developer in Pune. Clients in the USA, UK, Germany and India.
Open the sampleReport ₹10.8 lakh gross, not ₹9.7 lakh payout
Zoya, 26, illustrator in Kolkata, paid through an overseas freelance platform.
Open the sample₹8.8 lakh ad revenue, ₹0 GST under LUT
Meher, 27, video editor and creator in Jaipur. Brand deals, platform ad revenue, Indian clients.
Open the sample₹5.7 lakh still to come in
Kabir, 29, software developer in Pune. Clients in the USA, UK, Germany and India.
Open the sample₹0 IGST on a ₹3.1 lakh export
Kabir, 29, software developer in Pune. Clients in the USA, UK, Germany and India.
Open the sample2 receipts, ₹3.2 lakh, have no invoice
Kabir, 29, software developer in Pune. Clients in the USA, UK, Germany and India.
Open the sample