Tag Archives: #ITRExplained

ITR filing for freelancers?

ITR filing for freelancers ITR filing for freelancers, Freelancers in India are typically classified as self-employed individuals, and they are required to file their income tax return (ITR) using the appropriate ITR form based on their income and nature of work. Here are some key points to consider for ITR filing for freelancers: Choose the… Read More »

ITR 3 vs ITR 4 difference?

  ITR 3 vs ITR 4 difference ITR 3 vs ITR 4 difference are two different income tax return forms in India, applicable to different types of taxpayers. Here are the key ITR 3 vs ITR 4 difference.   Applicability: ITR-3: This form is specifically applicable to individuals and Hindu Undivided Families (HUFs) who generate income… Read More »

What is the difference between ITR and TDS?

Difference between ITR and TDS ITR (Income Tax Return) and TDS (Tax Deducted at Source) are distinct concepts related to income tax in India. ITR refers to the document filed annually by individuals or entities with the Income Tax Department. It includes the declaration of their income earned during a financial year, deductions claimed, and… Read More »