Receiving money from foreign country

Tax queries 255 views 4 replies
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Others
29 Points Joined June 2014

I am going to work as a freelance business consultant for clients in various countries,

And i will receive the money in my personal account which may range from INR.4000/- to 60000/-

In that case what should i do because i receive the money in my personal account ( I dont wish to open a Company now). Is this OK ? and how to file my tax returns ( means under what type of income should i bring it?)

Pl explain me in detail.

Thanks & Regards

 

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On 18 February 2016 at 19:28 Report
Replies (4)
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Tax Technologist
1949 Points Joined August 2011

I think you should use ITR4 and put it under PGBG

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On 18 February 2016 at 20:04
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nothing
22 Points Joined March 2010
What kind of service are you giving ??
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On 19 February 2016 at 00:33
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Senior Article Assistant
22 Points Joined November 2015
You should file your ITR 4. Disclose your bank account (in which you received such income) in the ITR and file your return.
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On 19 February 2016 at 07:25
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Senior Article Assistant
22 Points Joined November 2015
You should file your ITR 4. Disclose your bank account (in which you received such income) in the ITR and file your return.
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On 19 February 2016 at 07:26

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