Tax planning
Freelancer return with foreign clients, Sec 44ADA
What this means, checked by a CA
If you earn from foreign clients, your fees are taxable in India. Under Sec 44ADA you can pay tax on 50% of receipts without books. We convert receipts to rupees, check the form you need (ITR-4 or ITR-3), handle foreign accounts and tax credits, and file on time.
₹2,999
a year, + 18% GST
- Delivered in 2 to 3 working days after receipts and FIRAs
- Due: AY 2026-27: due 31 August 2026 for non-audit business and professional income (passed). Belated return up to 31 December 2026. Form 67 for foreign tax credit by the end of the assessment year (31 March 2027).
How we do it: IDFD
Every case runs through the same four steps: Information, Discussion, Forms, Deliverables. You see each one ticked as it happens.
InformationWhat we need from you · 8 items
Invoices and client list
Gross receipts for the year
FIRA or bank inward remittance advices
Proof and rupee value
Platform statements (Payoneer, Wise, PayPal)
Gross fees before charges
Foreign account or wallet balancesOptional
Schedule FA check
Foreign tax withheld certificatesOptional
Form 67 claim
Form 26AS and AIS
Indian client TDS, GST turnover
Advance tax challansOptional
Credit and interest
GST registration and LUT, if anyOptional
Matches AIS turnover
DiscussionWhat we discuss · 6 items
Is your work a specified profession under Sec 44AA(1)?
44ADA applies only to those
What were gross receipts in rupees, and how much came in cash?
₹50 lakh or ₹75 lakh limit
Do you hold money in a bank or wallet account outside India?
Schedule FA means ITR-3
Did any client country deduct tax?
Form 67 and ITR-3 for credit
Are actual expenses more than 50% of receipts?
Books in ITR-3 may be cheaper
Old or new regime, and was Form 10-IEA filed before the due date?
Regime choice is time-bound
FormsForms we file · 5 items
Convert each receipt to rupees at the SBI telegraphic transfer buying rate for the relevant date, gross of platform fees
Gross receipts in rupees; e.g. USD 60,000 at ₹85 = ₹51,00,000
Where: Internal. Due: Before filing
Test 44ADA limit and compute presumptive income
50% of ₹51,00,000 = ₹25,50,000 (limit ₹75 lakh applies if cash is within 5%). New regime FY 2025-26 tax ₹3,45,000 plus 4% cess = ₹3,58,800
Where: Internal. Due: Before filing
Choose the form: ITR-4 if no foreign assets or foreign tax credit; ITR-3 if Schedule FA or Form 67 is needed
Where: Internal. Due: Before filing
File Form 67 if claiming foreign tax credit
Where: https://www.incometax.gov.in. Due: Before the return, and no later than the end of the assessment year
Pay self-assessment tax with interest, file and e-verify
Where: https://www.incometax.gov.in. Due: 31 August (passed for AY 2026-27); belated by 31 December 2026
DeliverablesWhat you get · 3 items
Receipts register in rupees with FIRA match
When: With filing
ITR-4 or ITR-3 acknowledgement
When: Same day
Advance tax plan for the next year
When: With filing
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