Freelancer Tax Hacks
medium
medium risk
Ongoing
1 min read
Updated 2025-10-30
Home Office Deduction
Claim 20-40% of rent and utilities as business expense
Potential Savings
₹50,000-2 lakhs annually
Time Required
Ongoing
Complexity
medium
Legal Status
fully legal
Applicable to:
Freelancer not using 44ADA
What is This Hack?
If not using 44ADA, claim 20-40% of rent, electricity, internet as business expense with proper documentation to reduce taxable income significantly
Key Benefits
- Potential savings: ₹50,000-2 lakhs annually
- Implementation time: Ongoing
- Legal status: fully legal
- Risk level: medium
Important Considerations
This hack has a medium risk level. While it's completely legal, proper implementation requires careful attention to compliance requirements. Consider consulting a CA for personalized guidance.
Related Topics
freelancer
home office
deduction
expenses
rent
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