ITR WITH 0 TURNOVER

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A client with a GST number filed nil returns for the year due to no business activity, resulting in zero GST turnover. However, they received approximately £15 Lakhs through QR code payments for their e-shop. The query concerns how to file the Income Tax Return (ITR) when the GST turnover is zero but significant business income was received, especially as the bank account has been frozen and requires an ITR for unfreezing. The advice is to declare the QR code receipts as business turnover in the ITR, potentially using ITR-4 (Presumptive Taxation) or ITR-3, and offer a reasonable profit percentage for taxation to resolve the bank account issue.

Asif Ali

Asif Ali (Querist)
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11 August 2026 Dear sir,
Mere ek client ke pas gst number hai but pure saal kaam na hone ki wajeh se gst return nil file rahi...means gst turnover zero raha....lekin uski e shop hai garments ki usne wahan par qr code scanner laga diya payment receive karne ke liye aur pure saal mein 15 lakh ke aas paas payment received hui...mera question yeh hai ki mujhe uski itr file karni hai kyunki bank me account freeze kar diya hai aur ITR maang raha hai...ITR mein kya figure dikhaye kyunki gst turnover zero hai aur account unfreeze karana hai...please reply must...

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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11 August 2026 Do not file the ITR with zero turnover. Declare the actual QR code receipts of approximately INR 15 Lakhs as business turnover under ITR-4 (Presumptive Taxation under Section 44AD) or ITR-3, offer the appropriate profit percentage to tax, and submit the acknowledgment to the bank to unfreeze the account.

Asif Ali

Asif Ali (Querist)
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12 August 2026 sir lekin gst turnover zero hai aur main business turnover 15 lakhs show karta hu to koi problem nahi hogi ki aapka gst turnover zero hai yeh 15 lakks kahan se aaye