Lost job in 2022, bought a laptop to start freelancing. Can deduction be claimed?
This query is : Resolved
06 July 2023
Job loss occured in 2022 and started freelancing. For that purpose, bought a laptop. Registered on freelance platforms, by giving PAN and other relevant details. The income received from these platforms deduct TDS. However, no freelance income has been received till 31st March, 2023. Can the laptop be claimed as a deduction? Which ITR should be filed?
Only income for FY22-23 is salary till the day of job loss.
Only income for FY22-23 is salary till the day of job loss.
06 July 2023
File ITR 3, declare business loss and carry forward it for next FYs.
You can claim depreciation over laptop.
You can claim depreciation over laptop.
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