Hi
One of my friends has casual contract income from Australia from April to july'21. How he has to treat such income?? whether to add it in the salary?? or have to be show under another heads of income?? someone please enlighten me in this issue
It should be declared under head IFOS or PGBP.
The contract income would not have been added in form 16.
While it is foreign remittance, query may be raised if not declared in proper manner.
Easiest option is to declare it under IFOS.
Yes normal slab rate will apply.
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