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About this tool
Informational checklist of creator business expense categories in India, with business-use apportionment, depreciation and compliance flags.
This checklist sorts the money a creator spends into the categories Indian tax law treats differently: revenue expenses allowable under section 37(1) when incurred wholly and exclusively for the business, and capital assets that instead attract depreciation under section 32 at the Appendix I rates — 40% for computers, 15% for cameras and other plant, 10% for furniture. It applies a business-use share to mixed-use items and flags the published thresholds your gross receipts cross, from the 20 lakh GST services limit to the section 44AB audit limits. It is informational, not tax advice.
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Add your input to the workspace.
Adjust the options until the result looks right.
Copy or download the output and put it to work.
Every line is labelled so gear is not accidentally written off in one year.
Phone, internet and workspace lines carry a business-use percentage rather than a full claim.
Each flag names the section and the published figure so you can verify it yourself.
Not as a one-year expense. A camera is a capital asset, so section 32 allows depreciation instead — cameras and lighting sit in the general plant and machinery block at 15% on written-down value. A 2,50,000 kit used wholly for business gives 37,500 of depreciation in year one, with 2,12,500 carried forward.
Under the second proviso to section 32(1), an asset acquired and put to use for fewer than 180 days in the financial year gets only half the normal rate that year. A laptop in the 40% block bought in January therefore attracts 20% in year one, with the full rate applying from the next year.
The registration threshold for a supplier of services is 20 lakh of aggregate turnover in a financial year, and 10 lakh in the special category states. Separate rules apply to inter-state supply and to export of services, which is treated as zero-rated, so confirm your position with a professional.
Benefits and perquisites arising from a business or profession are covered by section 194R, which requires 10% TDS once the value of such benefits exceeds 20,000 in a financial year for a recipient. Whether the product is income in your hands depends on the facts, including whether you return it, so take advice.