Easy Office
Easy Office

How to report Income?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 May 2021 I have normal business income as well as Fno income...so if i report both in business income u/s 44ad then my GST turnover and income tax turnover will be mismatch..

I have to combine turnover of normal business and Option trading while reporting in 44AD..What to do..? How to report..?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
08 May 2021 Show option trading turnover as exempt turnover in GST return.
You can reply to the notice if not reported as exempt turnover in GSTR.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links