Matching of Turnover

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B.Com
323 Points Posted on 14 December 2020
Dear Sir,
is it mandatory that in itr-4, the turnover of 6% and the turnover of 8% (6%+8%) must be equal to gst turnover??
Thanks in advance.
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On 14 December 2020 at 20:38 Report
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This discussion clarifies the mandatory requirement for matching turnover figures in ITR-4. It addresses whether the GST turnover must align with the declared business turnover (both 6% and 8% categories). The expert advises that these figures must indeed match. It also touches upon the correct way to declare digital income and the implications for claiming net income.

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Accountant
3662 Points Posted on 14 December 2020
Asif Ji

Yes......
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On 14 December 2020 at 22:06
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B.Com
323 Points Posted on 14 December 2020
Thank you sir,
one question more when my gst turnover is Rs. one lakh and turnover is digital mode.
this will be 6% turnover column.
in this situation i want to take net income 3 lacs.
is it possie sir...?
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On 14 December 2020 at 22:12
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Accountant
3662 Points Posted on 14 December 2020
No.....
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On 14 December 2020 at 22:44
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B.Com
323 Points Posted on 14 December 2020
Thank you so much sir....
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On 14 December 2020 at 22:49

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