about gst turnover in income tax

For normal dealer, without GST.

Based on Income Tax it's different from Gst. A Composition dealer book his total sale value as Turn Over & Tax value in expenditure account...


In case Taxpayer is regular dealer and the taxpayer file his ITR u/s 44aa then the 3,00,000 is his Turn Over...
In case the Taxpayer opt u/s 44ad then the 3,36,000 is his turn Over...

Originally posted by : RAJA P M
	Based on Income Tax it's different from Gst. A Composition dealer book his total sale value as Turn Over & Tax value in expenditure account...In case Taxpayer is regular dealer and the taxpayer file his ITR u/s 44aa then the 3,00,000 is his Turn Over... In case the Taxpayer opt u/s 44ad then the 3,36,000 is his turn Over...

 

And in case of Sec.44AB,i.e, Tax Audit??

Welcome Mr A B Kundu,

Tax Audit u/s 44AB will be conduct through 44AA. So, No more/need questions.

Am I Right...?!.

Originally posted by : RAJA P M
	Welcome Mr A B Kundu, Tax Audit u/s 44AB will be conduct through 44AA. So, No more/need questions.Am I Right...?!.

 

Oh okay, I forgot that Sec.44AA is the prerequisite for Sec.44AB. Thanks! :)

are you wanting to know about audit requiremen

good clarification and information