banner_ad

turnover

Others 452 views 6 replies
User Avatar

Student CA IPC / IPCC
220 Points Posted on 13 July 2018
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?
0 Reply Share Follow
On 13 July 2018 at 08:15 Report
Replies (6)
User Avatar

Practice
4510 Points Posted on 13 July 2018

Always Turnover is Exclude GST Amount

Means Taxable Value 

Reply
On 13 July 2018 at 08:20
User Avatar

Student CA IPC / IPCC
220 Points Posted on 13 July 2018
gross receipts incase of 44AD?
Reply
On 13 July 2018 at 09:14
User Avatar

7 Points Posted on 13 July 2018
gross receipts of up to 200 lakhs
Reply
On 13 July 2018 at 09:41
User Avatar

Student CA IPC / IPCC
220 Points Posted on 13 July 2018
my question is not the regarding limit,regarding taxable value or invoice value to be shown as gross receipts in 44AD
Reply
On 13 July 2018 at 09:42
User Avatar

7 Points Posted on 13 July 2018
8% of gross receipts or Gross turnover are deemed as taxable value
6% incase all transactions done through electronic mode
Reply
On 13 July 2018 at 09:48
User Avatar

Student CA IPC / IPCC
220 Points Posted on 13 July 2018
sorry but i am just asking the literal meaning of gross receipts is it including gst or not
Reply
On 13 July 2018 at 09:50


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details