Guide topic · 5 guides
Presumptive taxation, books of account, tax audit, advance tax and filing guidance for small businesses, professionals and freelancers.
Creator income from YouTube, brand deals and sponsorships is taxed as business or professional income. Learn how presumptive taxation (50% under 44ADA), ITR-3 and ITR-4, TDS from brands, and the dates work.
5 min readUpdated 26-Oct-2026
Freelancers are taxed on professional income. Most can choose a presumptive scheme that treats half of receipts as profit and files ITR-4, or keep books and file ITR-3. Learn the limits, TDS credit, advance tax, due dates and records to keep.
4 min readUpdated 26-Oct-2026
A consultant can file ITR-4 under the presumptive scheme (50% of receipts as income) if receipts are within the limit, or ITR-3 with books. Learn the limits, due dates, what to keep and how to pick.
4 min readUpdated 26-Oct-2026
Presumptive taxation lets a small business declare 8% (or 6% for digital receipts) of turnover as profit and skip detailed books. Professionals use section 44ADA and goods carriage owners use 44AE. Know the limits and the catch.
5 min readUpdated 26-Oct-2026
Under section 44ADA, an eligible professional can declare 50% of gross receipts as income and skip detailed books. The receipts limit is ₹50 lakh, or ₹75 lakh if cash receipts are within 5%. Learn the conditions, an example, and the ITR form.
4 min readUpdated 26-Oct-2026
TaxCare fetches your AIS and TDS from the Income Tax portal, checks every figure and files the return that saves you the most. 25% off your first filing.