WHICH ITR FORM WTH STCG AND FOREIGN SOURCE INCOME

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This discussion clarifies which Income Tax Return (ITR) form to use when you have both Short-Term Capital Gains (STCG) and income from a foreign private company. The advice suggests filing ITR-3 if you intend to continue providing these services in the future, treating the foreign income as business income. Alternatively, if you don't plan to continue, ITR-2 can be used, declaring the foreign income under the 'Income from Other Sources' (IFOS) section.

NNVAHI

NNVAHI (Querist)
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26 July 2023 Hi sir, sir,
I have income from a foreign private company ( migration company ),
instead of any employment contract or payslip, they just only ask me to issue invoices every month, so it is not salary income but business income.
In F.Y. 2022-2023, my total income from a foreign company is less than 250000 ( no tax or anything deducted ), also I have gain through STCG.
which ITR form I need to file and where to show my foreign income while filling it ?

NNVAHI

NNVAHI (Querist)
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26 July 2023 ALSO I am not professional, but commerce graduate