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Income Tax Filing Regarding Query

170 views 2 replies

MOHAN LAL KUMAWAT

1 Points Joined November 2021

In previous year itr the GST Turnover is about 25Lac and booked profit is 3.7Lac then how to fill present itr where GST Turnover is 14Lac and how to fill this profit.

due to less turnover wen can book profit more than previous year.

plz give me a suitable idea regarding this file..

Replies (2)

sabyasachi mukherjee

28118 Points Joined May 2017

Pls send your pl account at contactat @ easyaccountingaudittax.co.in

Vishaal Vk

65 Points Joined February 2018

Both this Turnover and profit don't have to be linked unless you don't maintain any records, books of accounts practically..... You need to arrive at your net profit by reducing expenses incurred by you over the period of time.... You can connect with me if you need further guidance on it.