Freelancer Tax Estimator
Section 44ADA · ITR-4 Presumptive · Advance Tax · FY 2026-27
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📋 Disclaimer
This calculator provides an estimate for educational purposes only. Actual tax liability depends on income sources, applicable deductions, TDS credits, and other factors. Section 44ADA presumptive scheme is applicable for professionals with gross receipts up to ₹50 lakh (or ₹75 lakh if 95%+ receipts are through banking channels). Always consult a qualified CA for accurate tax planning and ITR filing.
Freelancer / Consultant Details — FY 2026-27
Income Type
Under 44ADA: 50% of gross receipts is deemed profit — no books needed if receipts ≤ ₹50L (₹75L if cash receipts ≤ 5%)
Gross Annual Receipts / Income (₹)
Of which Received in Cash (₹)
Higher limits (₹75L for 44ADA, ₹3 Cr for 44AD) apply only if cash receipts are ≤ 5% of the total
Tax Regime
New Regime
Old Regime
TDS Deducted by Clients (₹) Form 26AS
Salary / Pension Income (₹) gets standard deduction
Other Income (Rent / Interest) (₹)
The standard deduction (₹75,000 new / ₹50,000 old) applies only to salary or pension — not to professional or business income
Tax Estimate — FY 2026-27
Net Taxable Income
₹0
Total Tax Payable
₹0
Tax Breakdown
Gross Receipts₹0
Deemed Profit (50% — 44ADA)₹0
Standard Deduction (salary only)₹0
Other Deductions₹0
Salary & Other Income Added₹0
Tax on Taxable Income₹0
Health & Education Cess (4%)₹0
TDS Credit₹0
Balance Tax to Pay₹0
Advance Tax Schedule — FY 2026-27
Filing Tip: Use ITR-4 (Sugam) if opting for the 44ADA / 44AD presumptive scheme (receipts within the ₹50L / ₹75L limit for 44ADA) and total income is up to ₹50L. Use ITR-3 if maintaining books of accounts or if receipts exceed the limit. Presumptive taxpayers pay advance tax in one instalment by 15 March 2027.
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FAQ
Section 44ADA is a presumptive taxation scheme for professionals (IT, doctors, lawyers, architects, consultants, etc.) whose gross receipts do not exceed ₹50 lakh per year (₹75 lakh if 95%+ is through banking channels). Under this scheme, 50% of gross receipts is treated as net profit automatically, without maintaining books of accounts. The remaining 50% is considered business expenses.
ITR-4 (Sugam): For resident freelancers/professionals opting for Section 44ADA with receipts up to ₹50 lakh (₹75 lakh if cash receipts are ≤ 5%), total income up to ₹50 lakh and no capital gains. ITR-3: For freelancers maintaining books of accounts, or receipts above the 44ADA limit. Always verify which form applies to your situation with a CA.
Yes, if annual turnover from services exceeds ₹20 lakh (₹10 lakh for special category states). Freelancers providing digital services to overseas clients must also check export of service provisions. GST registration is mandatory beyond the threshold; voluntary registration is allowed even below it.
Under Section 393 of the Income-tax Act 2025 (old Section 194J), TDS is deducted at 10% on professional fees once payments from a client exceed ₹50,000 in the year (threshold raised from ₹30,000 on 1 April 2025). For fees for technical services, the rate is 2%. You can claim this TDS as a credit when filing your ITR. If your tax liability after TDS is below ₹10,000, advance tax is not required.