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Full time salaried employee with freelance income

ali asgar j (news) (63 Points)

28 November 2020

whether salaried person can show his freelance income by opting 44ADA scheme or he has to club his freelance income with salary for the purpose of filing ITR
need helpful opinions as opt for ITR 1 OR ITR3?

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7 Replies

ayusmita (Tax consultant) (5885 Points)
Replied 28 November 2020

Itr 3 we will fill
standard deduction will only for salary

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JATINDER KUMAR (Accountant) (3662 Points)
Replied 28 November 2020

If you want show freelance income under section 44ADA

You can claim also Standard deduction against salary income

No restrictions

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ali asgar j (news) (63 Points)
Replied 29 November 2020

Ia that appropriate for whole time salaried person to show freelance income under sec44ADA?
because I read some views that if whole time salaried person have any freelance work income then he has to show that income under salary only (also he can get benefit by only showing 50% income as per sec 44ada)