The deadline for online content creators to file their Income Tax Return (ITR) depends on the type of taxpayer and the applicable assessment year. Generally, for individual content creators who are not require to undergo a tax audit, the deadline for filing ITR is July 31st of the assessment year, which is the year immediately following the financial year in which the income was earn.
For instance, if the financial year is from April 1, 2023, to March 31, 2024, the assessment year would be 2024-2025, and the deadline to file ITR for this case would be July 31, 2024.
However, if the content creator is subject to a tax audit due to certain income thresholds being met, the deadline for filing ITR may be extend. In such cases, the deadline could be September 30th of the assessment year.
It’s important for content creators to be aware of their specific tax obligations, including whether a tax audit is applicable, and to file their ITR within the stipulated deadline to avoid penalties and interest.
To visit: https://www.gst.gov.in/
