I have filed my last year ITR under 44ADA (50% percentage income) and I would like to do the same this year too as I am software professional working as contractor/Freelancer and my income is coming from Australia, converted to Indian Rupees directly credited to my Bank.
I have noticed that the Nature of business has been changed this year. It was 607 last year and it seems like they have added more and removed 607. Should I select 14002 or 14005 or 16019?
I can't see a place to add capital gain, dividend received and interest received from the bank in ITR4. Please suggest where can I find it
To summarize my questions:
1. Where should I mention short-term capital gain received from stocks?
2. Where should I add interest received from the bank?
3. Should I add long-term capital gain from stocks, if so where should I add?
4 Need to add dividend received from stocks? if so where should I add?
5. Which one to use as Nature of business? 14002, 14005 or 16019?
6. Can I still use ITR 4 considering the above income details as these are other than my main income from freelancing / contracting
Would be great if someone could help me. Thanks in advance
CAclubindia
