Income Tax returns: Earning money from YouTube, Facebook, Twitter? MUST know this Social Media ITR filing rule
Income Tax returns: Those who have earnings from social media platforms like YouTube, Facebook, Twitter, etc., must know that they also have income tax outgo if their annual turnover is Rs 50 lakh or more.
According to tax and investment experts, if the earning individual is having earnings from social media even though they have a regular source of income, they have to showcase their net income from the social media platforms too. Photo: Reuters