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Filing ITR while GST payment is NIL

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Akash

proprietor

82 Points Posted on 26 November 2021

Dear Experts,

How can I file my ITR while I had a GST number throughout the last year wherein I filed NIL return.

Now I want to file ITR of 5 Lac Rupees from the business Income.

Will the GST department send me a notice if I will file such ITR.

How to get out of this problem, as I want loan badly for which I need Income from business ITR.

Thanx in Advance

Replies (2)

Quick Summary

This discussion addresses the concern of filing an Income Tax Return (ITR) when a GST number was active but NIL returns were filed. The user has a GST registration for a sanitary items business, filing nil returns, but wants to declare income from a separate hardware business (which has no GST registration) for a loan. They are seeking guidance on whether this is permissible and if it will attract notices from the GST department, especially when aiming to show a business income of ₹5 Lakhs from the hardware sales of ₹20 Lakhs.

sabyasachi mukherjee

Profession Business

28246 Points Posted on 27 November 2021

Gst is governed by specific set of rules,act.
income tax act is governed by specific act.

Akash

proprietor

82 Points Posted on 28 November 2021

Dear Sabyasachi,

I couldn't understood your point. Let me further explain my query: I have GST number for my Sanitary Items business since last 2 years wherein I file almost NIL return for all the months. Now I want to file ITR with my different business (Hardware) for which I never applied GST, is that possible. All the businesses are proprietorship only. Now I want to confirm can I file 5 Lac ITR with the business of Hardware with 20 lac sales.