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salaried taxpayers
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ITR Filing
01 Mar 2022
Filing ITR as a freelancer? Know the rules that apply in India
Taxpayers who earn a living as a freelancer have the option of deducting expenses spent while working as a freelancer from their income. However, freelancers are not eligible for the Rs 50,000 standard deduction when submitting ITR. Salaried taxpayers who additionally did some freelancing during the fiscal year are eligible for the standard deduction.
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