Menu
turnover
As per recent amendments we need to disclose turnover details in Itr form as per gst.Now my query is whether turnover is the invoice value or taxable value,as per gst?
Replies (6)
Always Turnover is Exclude GST Amount
Means Taxable Value
gross receipts incase of 44AD?
gross receipts of up to 200 lakhs
my question is not the regarding limit,regarding taxable value or invoice value to be shown as gross receipts in 44AD
8% of gross receipts or Gross turnover are deemed as taxable value
6% incase all transactions done through electronic mode
6% incase all transactions done through electronic mode
sorry but i am just asking the literal meaning of gross receipts is it including gst or not
Recent Threads
- Returning the shares gifted by daughter?
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
Related Threads
CAclubindia
