Sec.194j income tax return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 June 2018 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).

Nikhil Kaushik

Nikhil Kaushik (Expert)
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25 June 2018 yes problem will arise as his income is above the GST limit. With information sharing between CBDT and GST department, your case will get noticed. With regards to income-tax department, there won't be any problem as long as you report full revenue that is 36 lakhs