For gst holder

Tax queries 154 views 4 replies

suresh

proprietor

60 Points Joined January 2011

I am a Propritorship owner who has GST and canceled few days back any my annual turnover was less than 3k. Should I file for Proprietorship busines? and I dont have any other source of income.

Replies (4)

CA Raj Doshi

Practising CA

8944 Points Joined December 2013

if you gross income from all sources ( net salary + net rental income + net income from business profession + capital gains + other sources ) exceeds basic exemption limit then you are required to file IT Return compulsorily.

Sai Prasad

43 Points Joined December 2015

no u need not to file income tax return but u have to flle gst return
since u r gst regsietred
i u r cancelled kindly apply for cancellation of registration ...
since even when i have discontinued business u have to file nill return till u haven't cancelled for registration

suresh

proprietor

60 Points Joined January 2011

Thanks out,

I have canceled and my status is canceled also got SMS approved for canceled. . I am getting pain when ALL INDIA ITR sending messages to download their app and file ITR.

suresh

proprietor

60 Points Joined January 2011

Originally posted by : Sai Prasad
	no u need not to file income tax return but u have to flle gst return since u r gst regsietred i u r cancelled kindly apply for cancellation of registration ...since even when i have discontinued business u have to file nill return till u haven't cancelled for registration