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Purpose of Remittance for indian domainers.

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DNGear

Swetha.xyzTop Member
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This is regarding Indian taxation.


How are you handling the purpose of inward remittance from Afternic Payouts?
Godaddy has mentioned it as P1007 Advertising income instead of a domain sale.
It seems there is a big difference between a Domain sale and Advertising income which alters the taxation as well.



Which purpose code are you using for inward remittance?
What's the best method to use in afternic payouts?
I mean local payout or foreign remittance or paypal?

Thanks for your reply.
 
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