INCOME FROM OTHER SOURCES TO LIABLE GST

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38 Points Posted on 31 July 2023
in income tax return show in hade of income from other sources amount in this amount liable to GST In future.
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On 31 July 2023 at 09:37 Report
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This discussion clarifies whether income reported under the 'Income From Other Sources' head in an income tax return is subject to Goods and Services Tax (GST). The consensus is that it's not automatically liable for GST, but the specific type of income is crucial for determining GST applicability.

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Chartered Accountant
24588 Points Posted on 31 July 2023
Exactly which type of income you're referring under income from other sources?
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On 31 July 2023 at 12:47
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Profession
28269 Points Posted on 01 August 2023
No not necessarily.
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On 01 August 2023 at 08:13

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