Tax Paying Confusion for Foreign Income

ITR 231 views 2 replies

I have 2 sources of income.

Status: Indian citizen, staying in India. 

1. Income from my foreign company where I'm the director. (India has DTAA with them)

2. Income from a foreign company that paid me commissions for bringing them sales. 

I received the income in my savings account and haven't maintained any books of accounts.

In this case, which ITR should I file for minimal tax payment? 

Income bracket: 25-30 lakhs

Replies (2)
You should file ITR 3 where DTAA has been in force it will be calculated on the lower of tax rate after calculating total income
Recently changes for fcra


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details