ITR V FOR GST FILERS

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Associate
151 Points Posted on 11 August 2021
DOES INCOME TAX US 44AD CAN BE FILED FOR GST FILERS WITH ITR 4. WHAT IS THE CORRECT ONE?
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On 11 August 2021 at 13:16 Report
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If you are a GST filer and eligible for presumptive taxation under Section 44AD of the Income Tax Act, you should use ITR 4. It's important to ensure your business turnover declared in your GST returns aligns with the turnover you report in your ITR 4. This consistency is key for accurate filing.

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CMA
13117 Points Posted on 11 August 2021

44AD assessees have to use ITR 4

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On 11 August 2021 at 13:37
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Associate
151 Points Posted on 11 August 2021
What about gst FILERS
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On 11 August 2021 at 13:50
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CMA
13117 Points Posted on 11 August 2021

GST is different from income tax. Whether registered under GST or not, ITR 4 is the appropriate form.

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On 11 August 2021 at 14:05
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3924 Points Posted on 11 August 2021
Yes , GST fliers also can file Income tax return ITR 4 , if section 44AD is applicable to you .you have to give gst turnover in ITR4 .
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On 11 August 2021 at 14:13
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Associate
151 Points Posted on 11 August 2021
Thank you
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On 11 August 2021 at 14:16
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Chartered Accountant
5010 Points Posted on 11 August 2021

Yes, GST filers can also use ITR 4. Please ensure that the gross receipts from business is in line with your GST returns. 

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On 11 August 2021 at 15:17
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Associate
151 Points Posted on 11 August 2021
Thank you
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On 11 August 2021 at 15:21
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3924 Points Posted on 11 August 2021
Try to match your Income tax turnover , with GST turnover then only file ITR4 .
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On 11 August 2021 at 18:32

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