Freelancers can deduct these expenses to cut tax outgo

Anand Krishnakumar , Last updated: 10 November 2018  
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Under income tax law, freelancers are considered self-employed. Hence, income earned by freelancers is taxable under the head Profits Gains from Business or Profession. If you look closely, income tax law imposes a tax on profits and not income. Thus, out of income earned in a year, freelancers

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Published by

Anand Krishnakumar
(Co-founder)
Category Income Tax   Report

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