Can a regular gst paid person can filled itr4 forfy2017-2018
This query is : Resolved
16 April 2018
Sir,
Can a person who made sales purchase business ,upload GST in Regular Scheme can file ITR 4 if his total turnover is less than 2crore.
Can a person who made sales purchase business ,upload GST in Regular Scheme can file ITR 4 if his total turnover is less than 2crore.
16 April 2018
it is a choice. if you wish to offer income to tax under presumptive option, you can file ITR-4. Compliance of maintaining purchase and sales records under GST has no bearing on 44AD
Message likes :
1 times
16 April 2018
Sir,
Then those who deal in seasonal goods whether they have to pay GST. i.e A person has stationery shop an he pay gst for stationery shop ,side by side he deals in seasonal goods ans has some commission income which he donot pay gst.So whether in IT file he can show all this income thought he does not have GST on all of them.
Then those who deal in seasonal goods whether they have to pay GST. i.e A person has stationery shop an he pay gst for stationery shop ,side by side he deals in seasonal goods ans has some commission income which he donot pay gst.So whether in IT file he can show all this income thought he does not have GST on all of them.
16 April 2018
but isn't he supposed to charge GST on commission ?
17 April 2018
Sir,
Sorry sir i donnot get you what you said,he donnt charge gst on commission and what about seasonal goods .
Sorry sir i donnot get you what you said,he donnt charge gst on commission and what about seasonal goods .
17 April 2018
i am asking if he is already covered under GST, isnt he supposed to charge GST on his commission services?
17 April 2018
Sir,
Sir actually his he dont charge gst on commission as he earn low commission may Rs 30 to 35 thousand yearly.If he charge gst no one is interest to give him work bcoz lots of people are there who do work without charging gst.
Sir reality world is quite different from theorytical world.
Sir actually his he dont charge gst on commission as he earn low commission may Rs 30 to 35 thousand yearly.If he charge gst no one is interest to give him work bcoz lots of people are there who do work without charging gst.
Sir reality world is quite different from theorytical world.
17 April 2018
if the amount is that low. then better park it as other income. atleast your income-tax issues would get resolved.
Message likes :
1 times
17 April 2018
oK SIR than what to do with seasonal goods sell.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- Disallowance of Section 43B(h) to sez units
- Confusion around Form 26QB fields
- Bogus purchase treatment for it act gst dealer
- Gst input for FY 23-24
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
