banner_ad

Turnover in itr 4 as per gst return

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 June 2018 FOR THE PURPOSE OF ITR 4, THE TURNOVER DEFINITION SHOULD BE CONSIDERED AS INCOME TAX OR AS PER GST?

THE TURNOVER SHOULD BE CONSIDERED AS PER GSTR 3B OR GSTR 1 OR AS PER ANNUAL RETURN IF THERE IS ANY MISMATCH BETWEEN GSTR1 AND GSTR3B?

WHAT IF IN GST RETURN THE ASSESSEE HAS NOT SHOWN EXEMPT OUTWARD SUPPLY? SHOULD WE TAKE TURNOVER FROM RETURN EVEN THOUGH IT WILL BE WRONG TURNOVER? OR WE SHOULD DO WORKING AND FIND OUT AGGREGATE TURNOVER AND PUT CORRECT FIGURE?

IF WE PUT CORRECT FIGURE THEN THERE WILL BE MISMATCH WITH GSTR 3B/GSTR 1. IF WE PUT FIGURE FROM GSTR 3B/ GSTR1 THEN THERE WILL BE MISMATCH WITH ANNUAL RETURN.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
11 June 2018 For the purpose of ITR 4 consider turnover as per income tax.
Furnish GSTIN and GST turnover as per gstr 1 at the space separately provided in ITR. Difference when asked for can be explained.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details