A5. The blogging income is taxable by law, soo it is imperative that one should file their taxes for the income received from blogging. Income from blogging falls under the head 'Income from Business/Profession'. If you fail to pay your Income Tax on time, you will be charged with a penalty as per Section 234F. For FY 2019-20, a penalty of - -> Rs 5,000 is applicable if the return is filed after the due date but by 31st December 2020. -> Rs 10,000 is applicable if the return is filed after 31st December 2020 but by 31st March 2021.