Freelancers need to file ITR by 31 August: Forms, income reporting rules, tax methods and deductions explained
· livemint.com
Freelancers must file their ITR by 31 August if they are not required to get their accounts audited. The choice of ITR form, tax method and deductions depends on their income structure. Proper documentation and reconciliation of receipts and foreign income are essential for accurate filing.
Freelancers earning income through independent professional services need to ensure they file their income tax return (ITR) within the applicable deadline. For ...