NIL GST TURNOVER

Dear Sir,
if my gst turnover is Nil in Gstr-3b F.y. 2019-20.
can i file income tax return?.
Replies (13)
Quick Summary
This discussion explores whether it's possible to file an Income Tax Return (ITR) when your GST turnover is nil. Participants discuss scenarios where an ITR might still be necessary or beneficial, even with no GST registration or activity, such as for loan purposes or if you have TDS. It also touches upon the potential for mismatches between GST filings and ITR declarations, especially when showing income in the ITR that isn't reflected in GST returns, and the implications of such discrepancies.

Yes you will if you have above exemption limit income
have tds or purchase or sold immovable property and others
Ayusmita mam,
if i show gross receipt of rs. 10 lac for the purpose of filing itr than.....

If you have receipts of that much income then you must file

Mam mismatch wali problem nahi hogi ki apka turnover gst par to nil hai aur apne itr-4 ke 8℅ column mein 10 lac kyun show kare. because yeh turnover fake hai..

I says if you have and if you get noticed then you say the reason why you don't file gst with trunover than filling Nil 

If you have to show fake then it's your responsibility to file or not and how to trackel the things there's after

Ayusmita mam ji,
meri query yeh hai ki agar hamare pas gst turnover nil hai aur kisi bhi tarah ki koi income bhi nahi hai aur itr bhi loan wagairah ke purpose se file karni ho to kya itr karna possible hai.

On what purpose you want to take loan

 

 

 

For example home loan

If you have no income as you says earlier then on what pretext bank gives you home loan

How can you file 10 Lac income tax return if your GST turnover is Nil

If you want, you can but higher chance of notice from both departments
Ok thanks,
my another query is if my sale is 28 lac and purchase also nearest 28 lac. in this situation how we calculate net profit in balance sheet if i file itr-4
What is your opening stock
Opening stock nearest 80,000 sir

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details