Freelancer ITR: 5 things to know before filing

Freelancers who meet certain criteria can file their income tax return (ITR) until August 31, 2026, according to recent changes in the tax laws. These freelancers must report their income using ITR-3 or ITR-4, depending on whether they choose the presumptive taxation scheme. The deadline for uploading a tax audit report, if required, is September 30, 2026. Freelancers with gross receipts exceeding the applicable tax-audit threshold must file their ITR by October 31, 2026.

Freelancers must choose the appropriate ITR form and ensure that the income reported matches their financial records. They should reconcile professional receipts, claim eligible expenses, and decide on the applicability of Section 44ADA, which could simplify the compliance process. To correctly file their ITR, freelancers need to consider several factors, including the right form, income reconciliation, expense claims, and the option of Section 44ADA.