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Income Tax Return Filing: Government Extends Deadline For Filing ITR; Check Important Deadlines In June


ITR Filing: The government extended the timelines of filing tax compliances amid COVID-19
Amid the second wave of the COVID-19 pandemic, the government, earlier last month, announced the extension of filing income tax returns (ITR) for the financial year 2020-21 by two months, till September 30. In order to provide relief to taxpayers and address difficulties faced by them during the pandemic, the Central Board of Direct Taxes (CBDT) also extended the timelines for various tax compliances under the Income-Tax Act,1961. However, the last date to file the TDS return or tax deducted at source is June 30, 2021, according to the official circular. ( ....

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Earning from social media! MUST know this ITR filing rule


Earning from social media! MUST know this ITR filing rule
Those people who earn a substantial income from social media platforms also need to file their ITR, if their annual turnover is Rs 50 lakh or more.
DNA Web Team
Jan 23, 2021, 04:05 PM IST
The last date of income tax return (ITR) filing for FY 2019-20 (AY 2020-21) was extended to January 10, 2021 due to the COVID-19 pandemic. 
However, for tax audit and TP audit the last due date is February 15, 2021. Those people who earn a substantial income from social media platforms like YouTube, Facebook, Twitter, etc., also need to file their ITR if their annual turnover is Rs 50 lakh or more. ....

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