self employed
35 Points
Joined September 2020
Thanks for your reply Sagar.
I have one more question.
I am an Indian resident by birth and earning my professional income from foreign country where money is converted and deposited in hdfc bank India. I am showing this whole income under business profession us 44ada and I have no other foreign income from any other source.
1. Shall I need to say yes/no in item no 14 under Part b - TI TTI ? It says do I have any time during the previous year III) have income from any source outside India ? If I say yes then I need to again fill schedule FA.
And in schedule FA - AI to A4 , B,C,D,E and F is not applicable for me.
FA - G says Detail of any other income derived from any source outside India which is not included in above A to F and income under the head of business or profession.
As I said before I am showing my entire income from profession under business income therefore can I choose 'No' in item no 14 (III) in part b - TI TTI ?
Eagerly waiting for your reply.
Thanks