One of my Client having Professional Income Rs.36Lakhs(Approx). but In 26AS Updated Amount is Rs.21,50,000/- only and TDS Updated Rs.2,15,000/-.. He has No GST Registration or any Registration. Now i want to File his Return and Apply Refund Rs.1,30,000/-(approx). is there any Problem arise later from Income Tax Department.
(Truely Says that He has no Expenditure,to earning this Income. i am showing exenses like this, salaries Rs.20Laks, Travelling Rs.2L, etc).
Show income as that stipulated in 26 AS to avoid enquiries.
Whichever client of assessee has not deducted TDS ask them to do so from current year in order to avoid problem in future.
Ask assessee to get registered under GST as his limits have been crossed.
| Originally posted by : ap VENKAT | ||
 |
One of my Client having Professional Income Rs.36Lakhs(Approx). - If the Value is Finalize then GST Registration required if He is under GST Rule if applicable...
but In 26AS Updated Amount is Rs.21,50,000/- only and TDS Updated Rs.2,15,000/-.. - Check Out his Income If he is received from any other customers...
He has No GST Registration or any Registration. Now i want to File his Return and Apply Refund Rs.1,30,000/-(approx). No need. But, Check/Consider to the Client...
is there any Problem arise later from Income Tax Department. |
 |
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Foundation
View Details
KK & Company Chartered Accountant
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
