Last year
gross receipts 26AS - 18,00,000/-
Gst turnover - 20,00,000/-
One party not deposited tds in last year for 2,00,000/- bill amount
tax paid on 20,00,000/- income
Current year
gross receipts 26AS - 20,00,000/-
Gst turnover - 18,00,000/-
Last year party deposited tax in current year 2,00,000 bill amt
How to report in current year ITR?
If we disclose gst turnover, defective notice will be serve for mismatch in gross receipts in 26AS and turnover.
If disclose gross receipts 26AS then double tax will apply as we already paid tax last year.
You need to rectify the entries and sumit revised return GSTR1, GSTR-3B and TDS returns.
After correction made a reconciliation of GST returns and updated 26AS to ensure that the figures are now matching.
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