26 AS IN SFT 003 QUERY

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Mai eak Clint ka it return har sal 4 bhar raha hu but fy 2019 20 mai 26 as ke under cash deposit SFT 003 mai amount show ho raha hai to inka kya karna padega ?
Replies (9)
Your query is not clear
Are you filing Form ITR 4 of client every year ??
You was shown business income in last years ?
Yes sagar
If in 26AS, it's show cash deposit SFT 003 , that it's simply means that you deposited that much Cash in your current account.

If you are showing your Turnover in ITR 4 more than that amount, than there is no problem.

ITR 4 me tum turnover..... jo cash deposit dikh raha he 26AS me,..usse jyada dikha rahe ho to koe problem nahi he...
But maine GST return mai kam dikhaya hai
Total turnover = cheque transaction + that cash transactions
You have to disclose that cheque transaction including that cash transactions matched with your Turnover in GST and income tax.
Income tax return mai kam dikhaye to kya hoga sagar ji ?
To notice aa sakata he...
to explain source of income/deposit kaha se kiya itna cash.... because there is mismatch.
U have to explain that this deposit is from last year sale, or from current year sale...ect.
Thank you sagar ji


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