Business/Profession/Freelance Income FAQs
Frequently Asked Questions about Income under the head business and profession with regards to income tax.
- How to Add Business / Profession Income?
- Can a freelancer claim expenses?
- Do I need to get my Books of Account audited?
- Who can file a presumptive tax return (Section 44ADA)
- Can I opt In / Out of the Presumptive Taxation Scheme?
- What is the Annual Turnover Limit for Presumptive Taxation Scheme?
- Is it mandatory to maintain books of Accounts under Presumptive Taxation Scheme?