I generally think its good idea to inc if you are really serious about it, irrespective of whether your boss knows it or not. From tax perspective, you may end

I generally think its good idea to inc if you are really serious about it, irrespective of whether your boss knows it or not. From tax perspective, you may end up paying less tax if you inc it - because initially you may not have a lot of revenue (as in most cases) and can show all that as loss to the company.