hello,
I have Enrolled Gst Registration in Dec 2023 . Upto March 2024 my Gst turnover is 62 lacs. But in 26AS / AIS Businesses Turnover is 1.12 cr. Because of before dec 2023 turnover when I was unregistered . Invoices raised without gst and tds has been deducted on that.
Now what to do. I have to file income tax return . we should consider sales as business turnover. will have to pay gst if Rs. 50 lacs . how ?
Please guide me.
Menu
Regarding turnover income tax vs Gst turnover
Replies (1)
No need to worry for GST shortfall. File ITR as per TO of 1.12 Cr.
GST TO is only for four months while IT turnover is for 12 months.
Recent Topics :
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
Related Topics :
CAclubindia
