Creator Expense Tracker & Deduction Optimizer
Track expenses, optimize deductions, and compare Section 44ADA vs regular taxation for maximum tax savings
Annual Income
Include all revenue sources (platform, sponsorships, courses, etc.)
Expenses
Expense Deduction Guide
Section 44ADA vs Regular Books
Section 44ADA allows professionals (including content creators) with income up to ₹50 lakhs to claim 50% of gross receipts as deemed expenses without maintaining books of accounts. This is beneficial if your actual expenses are less than 50% of income. However, if you have significant expenses (equipment, team, studio), maintaining books and claiming actual deductions often results in lower taxes.
Equipment Depreciation
Equipment purchases cannot be claimed as full expenses in one year. Instead, you claim depreciation: Computers/laptops at 40% per year, cameras and video equipment at 15% per year (Written Down Value method). Buy equipment before September 30 to claim full year depreciation.
Expense Categories
- • Software subscriptions
- • Team salaries (with TDS)
- • Props and materials
- • Professional fees (CA, legal)
- • Marketing expenses
- • Training courses
- • Equipment (depreciation basis)
- • Home office rent (proportionate)
- • Internet & utilities (proportionate)
- • Travel (with documentation)
Documentation Best Practices
- •Maintain digital copies of all invoices and receipts (GST invoices preferred)
- •For team payments: Deduct TDS, file quarterly returns, issue Form 16A
- •Travel expenses: Keep tickets, hotel bills, event registration proof
- •Home office: Calculate proportionate area (room size / total house area)
- •Software: Annual plans often cheaper and easier to track than monthly
Related Calculators
Creator Income Tax Calculator
Calculate income tax for content creators with multiple revenue streams and extensive deductions for equipment and expenses
Section 44ADA Presumptive Taxation
Calculate presumptive income for professionals with 50% deemed profit and single advance tax payment benefit
Content Production Cost Calculator
Calculate per-video production costs including equipment depreciation, team expenses, and break-even revenue requirements