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ITR for Freelancer

Ankit kumar (245 Points)

16 May 2018

is a freelencer file itr under 44ada

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6 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (174014 Points)
Replied 16 May 2018

Yes, for the specific professional services as covered u/s. 44AA of IT act....

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RAJA P M ("Do the Right Thing...!!!") (128075 Points)
Replied 16 May 2018

Yes... He can. If his profession is under 44AA.

Sunil Jatolia (4 Points)
Replied 16 May 2018

I am salaried and also do some freelancing work (Web development/maintenance). Last year I filed ITR 4 under 44ADA in category "other-professional" to show 50% of income as an expense.

This year there is "software development" as the category and now I am confused as what should I select. I also read somewhere that freelancers also need to compulsory register under GST and should have GST no. If I select software development then will I be able to file under 44ADA?

I have not charged taxes from anyone I have worked for.

PLZ Guide what to do.

RAJA P M ("Do the Right Thing...!!!") (128075 Points)
Replied 16 May 2018

If Your freelancing income and any other business income exceeds Rs 20lakhs/10lakhs then You want register under GST. Otherwise no need to register under GST...

You can file the same way in AY 18-19

Sunil Jatolia (4 Points)
Replied 16 May 2018

Thanks for your reply.

Could you please let me know that which category should I choose? Software Development or Other software Consultancy or other Professional services n.e.c. to file under 44ADA

And also can I leave GST No & Amount of turnover fields empty in E9 & E10?

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RAJA P M ("Do the Right Thing...!!!") (128075 Points)
Replied 16 May 2018

The three codes are suitable for Your profession. But, You can use the "Other Proffesional Services" is better than other two. Bcoz, No more questions if You will select others...