ITR Filling for Restaurants or Hotels
The due date of ITR filling for restaurants or hotels depends on their turnover. For restaurants or hotels with a turnover of up to 1.5 crore rupees, the due date for filing ITR is 31st July of the following year.
For or hotels with a turnover of more than 1.5 crore rupees, the due date for filing ITR is 31st August of the following year.
However, there are some exceptions to these due dates. For example, restaurants or hotels that are under the composition scheme of GST have a different due date for filing ITR.
The due date for filing ITR for or hotels under the composition scheme is 31st December of the following year.
It is important to note that the due dates for filing ITR are subject to change. It is always best to check the latest due dates with the Income Tax Department before filing your ITR.
To visit: https://www.mca.gov.in/
For further details access our website: https://vibrantfinserv.com