Income Tax

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101 Points Posted on 08 January 2021

GST number is inactive (Individual PAN number) and there is no filing of GST in 2019-2020. Can he file an income tax return now?

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On 08 January 2021 at 10:48 Report
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If your GST number is inactive and you haven't filed GST for 2019-2020, you can still file your Income Tax Return. However, you cannot declare business income if you had no turnover. It's advisable to declare salary income instead, as it's not covered by GST regulations. Failure to comply with GST rules for business income may result in penalties.

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Chartered Accountant
24588 Points Posted on 08 January 2021
Yes itr can be filled
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On 08 January 2021 at 11:01
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Accountant
4533 Points Posted on 08 January 2021
Yes you can file but if there is nil turnover in gst you can't show business income in ur itr, otherwise u have to have gst on ur sales plus penalty too. better to show salary income in ur return since salary income is covered in negative list of gst
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On 08 January 2021 at 23:44

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