Tax Paying Confusion for Foreign Income

ITR Filing 251 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
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