TAXATION U/S 44AD Vs GST RETURN FILED
This query is : Resolved
01 August 2020
cash deposit all account 5021940
non cash deposit all account 885770
a.TOTAL BANK CREDITS INCLUDE SAVING ACCOUNT IS RS.5907,710
b.GST TURNOVER rs.3547335
query 1.which will taken for ITR as above u/s 44ad?
2. the above gross receipts included of Rs.12,79,000 saving account cash deposits(SFT-004)., so that is rs.12.79 lack is my person account is it taxable receipts or not ? please clarify sir
non cash deposit all account 885770
a.TOTAL BANK CREDITS INCLUDE SAVING ACCOUNT IS RS.5907,710
b.GST TURNOVER rs.3547335
query 1.which will taken for ITR as above u/s 44ad?
2. the above gross receipts included of Rs.12,79,000 saving account cash deposits(SFT-004)., so that is rs.12.79 lack is my person account is it taxable receipts or not ? please clarify sir
01 August 2020
What is the source of income of your deposit in savings account and other accounts other than business receipt.
01 August 2020
1.source of income of my deposit in savings account is derived from personal in nature and some cash deposit within rs. 50000 to 200000 business in nature.
2.another account is Current account which represent business receipts and cash loan received from others(limit is upto 200000).
3. gst turnover(low) vs IT gross receipts(high) is differ , which revenue is to be shown in ITR ? and no reconciliation to be made in gst return as filed.
2.another account is Current account which represent business receipts and cash loan received from others(limit is upto 200000).
3. gst turnover(low) vs IT gross receipts(high) is differ , which revenue is to be shown in ITR ? and no reconciliation to be made in gst return as filed.
01 August 2020
Cash loan limit is 20,000 only.
01 August 2020
kindly clarify the above doubts
01 August 2020
Show GST turnover in ITR. Have explanation for more cash deposit.
01 August 2020
THANKS FOR THIS ADVICE SIR,
ANOTHER DOUBT IS , HERE ITR RECEIPTS(59 LAK) IS HIGH THAN GST TURNOVER(37 LAKH),IS IT NO PROBLEM FOR FILING.?
ANOTHER DOUBT IS , HERE ITR RECEIPTS(59 LAK) IS HIGH THAN GST TURNOVER(37 LAKH),IS IT NO PROBLEM FOR FILING.?
01 August 2020
When question raised reply suitabily.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR-Capital Gain
- CLOSING STOCK QUERY
- Gst on travel by air for business purposes
- GST ISD Query on various AMCs
- DUE DATE FOR ITR FILING
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Sale of Mutual Funds In Diffirent Financial Years
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Due Date Clarity
- Gst reverse charge mechanism to be claimed in the month of payment
- Itr processing refund
- U/S 194 T
- TDS refund Indemnity Bond
- ITC BENEFIT ON BROKRAGE PAID
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
