ITR4 fill - earning both from MNC and freelancer ?

ITR 405 views 9 replies
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11 Points Joined October 2017

I'm a salaried employee in a MNC company in India. I get shares as foreign assets from this company as well.

I'm working as independent contractor with a foreign company. And this company provide income statement as well.

Can i fill ITR4 under section 44ADA?

I need to declare my foreign assets as well. I do not see section for foreign assets in ITR4. There is schedule FA in ITR2 and ITR3.

 

My income from Independent contractor is less then 20 lakh. From various websites i get to know that i do not need to register for GST.

Is this true?

 

Please help me out for this. Thanks.

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On 26 October 2017 at 15:30 Report
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Guest

if the source of income as commssion or earning 

as professional activity go for itr 3 

itr 4 and 44 ad not applicable for this 

go with 44ada

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On 26 October 2017 at 15:42
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11 Points Joined October 2017

Thanks for reply.

In both MNC and freelancer job i'm getting earning.

I see i can declare both earnings in ITR4.

But i can not see foreign assets section in ITR4.

 

In this case do i need to fill ITR3.?

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On 26 October 2017 at 15:48
Guest

hw can u define this earning 

means u hv getting this earning due to giving some services 

what r they known as 

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On 26 October 2017 at 15:56
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Student
349 Points Joined November 2009

FOREIGN INCOME SHOULD BE FILED IN ITR2 AND FOREIGN ASSET TOO.

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On 26 October 2017 at 16:10
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
@ Mohit Bansal.,
What is nature of income above said both...?
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On 26 October 2017 at 16:23
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1234 Points Joined August 2017
you need not enroll in gst since the said yearly income from freelancing is less than 1crore
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On 26 October 2017 at 17:05
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11 Points Joined October 2017

Isn't it 20 lakh?

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On 26 October 2017 at 20:02
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11 Points Joined October 2017

Yes.

I'm salaried in MNC in india

And i'm getting porper income statement from foriegn company as well.

 

I've updated descripttion as wel..

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On 26 October 2017 at 21:30
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11 Points Joined October 2017

I'm salaried in MNC and i'm working as independent contractor for foreign company.

I've udpated my question as well.

Please check.

 

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On 26 October 2017 at 21:32


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