banner_ad

Gross Turnover or Gross Receipts in ITR 4

1526 views 6 replies
While filing Itr-4, Amount mention in Column Gross turnover or Gross receipts
must match with turnover declared in Form 26 As through GSTR-3B ?
Replies (6)

Whether you are filing it for any business activity or professional?

Why there is difference between form 26AS and GST 3B?

Filing for business
I mean to say that sales from GSTR-3B which is showing in 26 AS that sale need to be mention in gross Turnover or receipts column

For business the sales turnover is to be filled under TURNOVER field.

While for professional receipts, the amount is filled under TOTAL RECEIPTS.

Ok. I also want to know that If my business income is less than 2 lakhs, Should I file itr-4 under new tax regime or continue in old scheme?
It is necessary to show balance with banks in itr-4?
It is mandatory to show cash in hand, debtors, creditors, stock?

1. Check & verify both regimes in tax calculator.

2. No.

3. Yes.

Hi,

Gross Turnover means taxable turnoer as per GSTR3b need to be mentioned in ITR and figures should be same for both

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details