Income tax for like Freelancer income 16lakhs coming from Manager personal account from Usa in inr

Income Tax Income from Business or Profession
2

Hey @Singh

Let me answer to your queries one by one:-

  1. If you earn business or professional income, you can file ITR-3 or choose ITR-4 if you’re opting for presumptive taxation under Section 44ADA.

  2. Dividend of ₹2,500 should be reported under “Income from Other Sources”.

  3. Health insurance premium of ₹6,000 can be claimed only under old regime.

You can refer to this post to know more details about ITR form selection for AY 2025-26.

Let me know if you have any other questions!