Can a freelancer claim 50% expenses without bills?

Yes, under Section 44ADA, you can declare 50% of gross receipts as income without maintaining books or bills. This is the easiest way for freelancers with receipts up to ₹50 lakh.

What if my TDS is more than my tax liability?

You will get a refund of the excess TDS. File your ITR and claim the refund. It will be credited to your bank account after processing.

Do I need to pay GST as a freelancer?

If your annual turnover exceeds ₹20 lakh (₹10 lakh for special category states), you must register for GST. However, you can claim input tax credit on business expenses.

Can I claim deduction for home office rent?

Yes, a portion of rent, electricity, and internet used for business can be claimed as a business expense. Keep bills and a record of the area used.

What is the due date for ITR filing for freelancers?

For individuals, the due date is July 31 (unless extended). However, you can file a belated return up to December 31 with a penalty.

Business Guidance

Freelancers & Consultants: Save More Tax Legally

Expert tax saving guide for freelancers & consultants in India. Claim full TDS refund, deductions, and ITR tips.

What this guide covers

What does Freelancers & Consultants: Save More Tax Legally mean in practice?
Who is affected and what should they check first?
Which documents or records should be kept ready?
What common mistakes should be avoided?