Is Indirect tax part of sales under section 44AD

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1 Points Posted on 07 July 2021
is GST include in Total sales for computing total turnover under section 44AD
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On 07 July 2021 at 00:42 Report
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This discussion clarifies whether Goods and Services Tax (GST) is considered part of total sales when calculating turnover under Section 44AD. The consensus is that GST, under the regular scheme, is not included in the turnover for the purposes of Section 44AD.

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CMA
13117 Points Posted on 07 July 2021

No, in my view, GST (under regular scheme) is not part of turnover for the purpose of 44AD

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On 07 July 2021 at 20:37
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Accountant
4533 Points Posted on 07 July 2021
No, not included
1 Reply
On 07 July 2021 at 21:27

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