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Receiving money from foreign country

Tax queries 261 views 4 replies

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

 

Replies (4)

I think you should use ITR4 and put it under PGBG

What kind of service are you giving ??
You should file your ITR 4. Disclose your bank account (in which you received such income) in the ITR and file your return.
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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