Interest income gst returt

Save Share

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.

Nilesh Mehta

Nilesh Mehta (Querist)
Follow

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

RAJA P M

RAJA P M (Expert)
Follow

15 January 2024 If it's received through the business then yes...

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

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