A A TURNOVER

This query is : Resolved

mohammad tarique sohail (Querist)
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29 May 2023 HELLO,
April 2022 to feb 2023 we have filed gst return in which taxable value is Rs. 1,43,00,000. In march 2023 we have raised invoices of Rs. 49,20,500 in which Gst @ 18% is Rs. 8,67,690. but not taken in march 2023 due to funds deficiency. March invoices taken in April 2023 gst Return .
In Annual aggregate Turnover we should taken Rs. 1,43,00,000 + 49,20,500 ( Rs. 1,92,20,500 ). or only Rs. 1,43,00,000.
In income tax Sales / Receipts turnover should consider as Rs. 1,43,00,000 + 49,20,500 ( Rs. 1,92,20,500 ). or only Rs. 1,43,00,000.

Please guide me.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 May 2023 In both the case it's 1,92,20,500 as turnover.

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