Any freelancer who filled ITR in 2020

29°
Deal Cadet
meragoyou153

Pl help
which online portal use choose
method you applied

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Deal Subedar Deal Subedar
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file thru cleartax
pm me for referral in case u need to

Deal Subedar Deal Subedar
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Is it possible to file At 2019-2020 now
Forgot to file of sister .
Filed 2020-21 but 2019-2020 not. TDs already deducted and no refund
Please help if some one knows
In efilinginconetaxindia site it ask for notice number which we don’t have

Deal Cadet Deal Cadet
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you can use the ITR4, there is java utility on incometax website, download it, fill it and upload the XML. all instructions are there. you can claim upto 50% of total receipts as expense with proof to upload. in short only 50% of your total receipts will be taxable and you can claim usual 80C & all deductions

Deal Cadet Deal Cadet
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mysalemo771 wrote:

you can use the ITR4, there is java utility on incometax website, download it, fill it and upload the XML. all instructions are there. you can claim upto 50% of total receipts as expense with proof to upload. in short only 50% of your total receipts will be taxable and you can claim usual 80C & all deductions

You need to claim upto 50% carefully. but It is not simply that you can directly claim upto 50%.
For ex: Your receipt is 6L in a year but your withdrawal was 50k in a year. so you should consider 5.5L as income. because if you consider 50% as expense, when any inquiry comes, they will ask you that your withdrawal was 50k but how your expense came to 3L.

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