Hello, I am Rohit. I work in a software development company in Kolkata. I have some questions regarding Income Tax returns. I receive a fixed salary plus a decent incentive. My incentive is equivalent to my salary. I receive my salary after deducting the TDS.
I am also a freelancer, earning 30k to 40k per month freelancing. Therefore, I have opened a savings account in my mom's name and deposit all the money there. Additionally, we have a shop in my mom's name where I show a monthly income of Rs. 10,000. Should I declare the foreign income in my mom's IT file?
I am now planning to open another bank account in my dad's name to manage all the freelancing income. For freelancing, my monthly expenses are around 10k. I would appreciate proper guidance.
Regards, Rohit
From India, Kolkata
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I am also a freelancer, earning 30k to 40k per month freelancing. Therefore, I have opened a savings account in my mom's name and deposit all the money there. Additionally, we have a shop in my mom's name where I show a monthly income of Rs. 10,000. Should I declare the foreign income in my mom's IT file?
I am now planning to open another bank account in my dad's name to manage all the freelancing income. For freelancing, my monthly expenses are around 10k. I would appreciate proper guidance.
Regards, Rohit
From India, Kolkata
Acknowledge(0)Amend(0)
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