See if declaring 50% of receipts as income saves you tax compared with actual expenses.
Income-tax Act, 2025
Used for the 'actual expenses' comparison
Up to 5% cash keeps the higher limit of ₹75 lakh.
Presumptive tax (58) saves you
Presumptive Best
₹0
Actual expenses
₹2,08,000
Likely eligible for 44ADA
Your profession is one of the specified or notified professions. Confirm your exact case with a CA.
Quick answer
Section 44ADA (section 58 in the Income-tax Act, 2025) lets eligible professionals declare 50% of gross receipts as profit without detailed books, if receipts are within ₹50 lakh (₹75 lakh if cash receipts are ≤ 5%). It saves tax when your real expenses are below 50% of receipts. With ₹24 lakh of receipts it means ₹0 of tax versus ₹2,08,000 on ₹4 lakh of actual expenses.
Enter your gross receipts for the year and your real business expenses.
We compute your profit two ways: 50% of receipts (presumptive) and receipts minus actual expenses.
Both profits go through the tax engine (new regime by default), so you see which method costs less.
Answer the eligibility questions: 44ADA is for specified professions (IT, engineering, technical consultancy, film artists and others). Influencers are not clearly covered; that point is debated.
Software freelancer, ₹24 lakh receipts, ₹4 lakh real expenses
44ADA saves ₹2,08,000 here, and no detailed books are needed.
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Money Desk
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