Interest income gst returt


This query is : Resolved 

Quick Summary
This discussion clarifies whether interest income and capital gains should be included in your GST return. Generally, interest earned from bank accounts or fixed deposits, and capital gains from mutual funds or security/commodity transactions are not subject to GST. However, if interest income is directly related to business activities, it may need to be declared.

(Querist)
15 January 2024 Do we need to show inters income or capital gain in GST return?

RAJA P M (Expert)
15 January 2024 If it's received through the business then yes...

16 September 2025 Interest from Bank accounts or FD & capital gains made from MF or security/commodity transactions on exchange/s are out of ambit of GST.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details