Freelancer Tax Estimator
Section 44ADA · ITR-4 Presumptive · Advance Tax · FY 2025-26
AdSense 728×90
📋 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 2025-26
Income Type
Under 44ADA: 50% of gross receipts is deemed profit (no need to maintain books if receipts ≤ ₹50L)
Gross Annual Receipts / Income (₹)
Tax Regime
New Regime
Old Regime
TDS Deducted by Clients (₹) Form 26AS
Other Income (Salary / Rent / Interest) (₹)
Tax Estimate — FY 2025-26
Net Taxable Income
₹0
Total Tax Payable
₹0
Tax Breakdown
Gross Receipts₹0
Deemed Profit (50% — 44ADA)₹0
Standard Deduction₹0
Other Deductions₹0
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
Filing Tip: Use ITR-4 (Sugam) if opting for Section 44ADA presumptive scheme with receipts ≤ ₹50L. Use ITR-3 if maintaining books of accounts or if receipts exceed ₹50L.
AdSense 728×90
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 freelancers/professionals opting for Section 44ADA with receipts up to ₹50 lakh and no capital gains. ITR-3: For freelancers maintaining books of accounts, or with capital gains, or receipts exceeding ₹50L. 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 194J, TDS is deducted at 10% on professional fees paid by companies/firms exceeding ₹30,000. 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.