banner_ad

Two Business in ITR

249 views 4 replies
User Avatar

B.Com
323 Points Posted on 16 December 2020
Dear sir,
I want to know if i have two business one is registered under Gst and second is not registered under Gst. If my gst turnover is nil from gst registered business and Rs. 14,00,000 turnover from other business than Rs.14,00,000 turnover may be taken in Itr-4.
please clarify me.
Thanks.
Reply Share Follow
On 16 December 2020 at 12:40 Report
Replies (4)
User Avatar

25 Points Posted on 16 December 2020
First of all GST registration is PAN based. If you get yourself registered under GST, all the business operated by you will comes under GST registration.

As your total turnover donot exceed Rs 2 crore you can opt presumptive scheme under section 44AD (you can file in ITR 4)
Reply
On 16 December 2020 at 19:28
User Avatar

B.Com
323 Points Posted on 16 December 2020
Thanks for your reply sir,
Sir can we show this turnover of rs. 14,00,000 in 8% because it is cash mode with Gst number and gst turnover nil.
in this situation kya koi notice aa sakta turnover mismatch ka....
Reply
On 16 December 2020 at 20:40
User Avatar

25 Points Posted on 16 December 2020
Notice may come regarding the mismatch of turnover in ITR & GST return
Reply
On 16 December 2020 at 21:24
User Avatar

B.Com
323 Points Posted on 16 December 2020
You mean we can not file itr but itr file hi zarur karni ho to koi option hai??
Reply
On 16 December 2020 at 22:03


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 Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details