Multiple Revenue Streams = Lower Tax: Split Income Across Sources
Split income across different revenue streams to optimize tax treatment
What is This Hack?
Instead of showing all income as "professional fees", split into different categories (platform income, sponsorship, courses, consultation, affiliate). Apply Section 44ADA to eligible streams at 50% expenses, claim actual expenses on others. Save ₹50K-2L in taxes annually
Key Benefits
- Potential savings: ₹50,000-2 lakhs annually
- Implementation time: 2-3 days for setup, ongoing maintenance
- Legal status: fully legal
- Risk level: medium
Important Considerations
This hack has a medium risk level. While it's completely legal, proper implementation requires careful attention to compliance requirements. Consider consulting a CA for personalized guidance.
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