Home
Income Tax
GST
Freelancer Tax
ITR Filing
About Us
Contact
Tools

professional tax

Home - professional tax

44ADA is now Section 58: presumptive tax rules for freelancers — 50% deemed profit, Rs 75 lakh digital limit, ITR-4 guide

44ADA Is Now Section 58: Presumptive Tax Rules for Freelancers (2026-27)

13/10/2026 by Amit Verma

44ADA is now Section 58 of the Income-tax Act, 2025. Freelancers in listed professions can declare 50% of receipts as profit, skip books and audit, and file ITR-4 — up to Rs 75 lakh for digital receipts.

Popular Tags

44ADA 80C 80C section 123 80D 80D deduction limit advance tax due dates advance tax instalment business income tax challan 280 export of services Form 10-IEA Form 16 Form 26QC freelancer advance tax freelancer tax GST due dates GST for freelancers GSTR-1 GSTR-3B GST rate 18% GST registration GST returns GST threshold Income Tax Act 2025 ITR-3 ITR-4 ITR filing LUT new tax regime old tax regime old vs new sections old vs new tax regime opt out new tax regime PPF presumptive tax rent TDS rate SAC code Section 123 Section 194-I Section 194-IB Section 202 Section 393 senior citizen tax TDS on rent TDS threshold rent