ITR filing for freelancers and gig workers: Which form to use, what to claim, and docs to keep
Published in News18 | June 2025
Gaurav Jain, Partner, Direct Tax, adds that ITR-3 should be filed by those who wish to declare actual income after deducting expenses or whose receipts exceed the presumptive limit. It is also required for professionals who maintain books of accounts.
Gaurav mentioned that freelancers can claim expenses like laptop purchases, internet bills, travel costs, and software subscriptions, provided they are used wholly and exclusively for professional work. Assets like laptops qualify for depreciation, typically at 40%.