CA Services for IT Companies & Freelancers
Expert chartered accountant services designed for IT professionals, software developers, SaaS companies, outsourcing firms, and technology startups. We understand the tech ecosystem inside out.
What We Do for IT Businesses
From solo freelancers to enterprise outsourcing companies, our CA services cover every compliance need of the technology sector.
Tax Planning & ITR Filing
Strategic tax planning for IT professionals including optimising salary structure, claiming deductions under Section 80C/80D, computing advance tax, and filing accurate ITR-3/ITR-4 returns. We handle both presumptive taxation under 44ADA and regular computation.
GST on Export of Services & LUT Filing
Complete GST compliance for IT export businesses. We handle GST registration, monthly/quarterly return filing, LUT (Letter of Undertaking) filing for zero-rated supply, refund claims on input tax credit, and ensuring correct treatment of software exports as 'Export of Services'.
Freelancer & Consultant Compliance
End-to-end compliance for freelancers working on Upwork, Toptal, Fiverr or direct international clients. We manage FIRC collection, purpose code documentation, advance tax computation, professional tax, TDS certificates, and 26AS reconciliation.
Company & LLP Setup for IT Startups
Helping IT entrepreneurs choose the right business structure. We handle Private Limited Company or LLP registration, Startup India recognition, DPIIT registration, angel tax exemption under Section 56(2)(viib), and initial compliance setup.
STPI / SEZ Compliance & Benefits
Advisory on Software Technology Parks of India (STPI) and Special Economic Zone (SEZ) benefits including tax holidays, customs duty exemptions, and compliance requirements. We help you maximise government incentives for IT exporters.
Accounting, Payroll & Compliance
Regular bookkeeping, payroll processing with PF/ESI compliance, TDS on salaries and contractors, professional tax, ROC filings, and monthly MIS reports tailored for IT businesses. We keep your financials clean and investor-ready.
Tailored for Every IT Business Type
For Freelancers & Consultants
Solo developers, Upwork/Toptal freelancers, consultants
- Section 44ADA: Declare 50% of gross receipts as income (up to Rs. 75 lakh)
- No requirement to maintain detailed books of accounts
- FIRC (Foreign Inward Remittance Certificate) management
- Purpose Code documentation for bank compliance
- Advance tax planning to avoid interest under 234B/234C
- GST LUT filing for zero-rated exports (no GST payable)
For IT Companies & Outsourcing Firms
SaaS, IT services, BPO, KPO, software product companies
- Transfer pricing documentation for cross-border transactions
- STPI/SEZ unit setup and compliance advisory
- Employee stock option (ESOP) taxation advisory
- Angel tax exemption under Startup India
- Foreign subsidiary setup advisory & compliance
- Statutory audit and tax audit for IT companies
Why IT Businesses Choose Pujara & Co
Frequently Asked Questions
Do IT freelancers earning in foreign currency need to pay GST?
IT freelancers providing services to clients outside India are considered to be making 'Export of Services' under GST. If you file a Letter of Undertaking (LUT), you can export without paying GST (zero-rated supply). However, GST registration is mandatory if your aggregate turnover exceeds Rs. 20 lakh. We help you file LUT and claim any ITC refunds.
What is Section 44ADA and how does it benefit IT freelancers?
Section 44ADA is a presumptive taxation scheme for professionals including IT consultants. If your gross receipts are up to Rs. 75 lakh (Rs. 50 lakh for cash receipts), you can declare 50% of receipts as income without maintaining detailed books. This simplifies compliance significantly. For example, on Rs. 50 lakh receipts, you declare Rs. 25 lakh as taxable income.
Should I register as a Sole Proprietor, LLP, or Private Limited Company?
Sole proprietorship is simplest for solo freelancers with lower income. LLP offers limited liability without mandatory audit (if turnover is below Rs. 40 lakh). Private Limited Company is best for fundraising, hiring teams, and scaling. We help you choose based on your revenue, growth plans, and tax implications. Many freelancers start as sole proprietors and convert to LLP/Company as they grow.
What is FIRC and why do I need it?
FIRC (Foreign Inward Remittance Certificate) is a document from your bank confirming receipt of foreign currency. It's needed to prove your income is from export of services (for GST LUT and income tax). Banks issue electronic FIRCs now. We help you maintain proper FIRC records and match them with your invoices for clean compliance.
Do outsourcing companies in India need transfer pricing documentation?
Yes, if your company has international transactions with associated enterprises (parent company, subsidiaries, or related parties abroad) exceeding Rs. 1 crore, you need to maintain transfer pricing documentation. This includes a TP study report. Even if below the threshold, it's advisable to maintain benchmarking documentation to avoid future disputes.
Can IT companies benefit from Startup India registration?
Yes, IT companies incorporated as Pvt Ltd or LLP, less than 10 years old with turnover below Rs. 100 crore, can get Startup India recognition. Benefits include tax holiday for 3 consecutive years under Section 80-IAC, angel tax exemption, fast-track patent filing, easier public procurement, and access to Fund of Funds. We handle the complete DPIIT registration process.
IT Professional? Let Us Handle Your Tax & Compliance
Whether you are a freelance developer or running an IT company, get expert CA support tailored for the technology sector.