banner_ad

Any o/s gst amt. at the time of filling i.t. return whether same should be added back to net profit

262 views 4 replies
Dear Sir/ma'am,

I have done my last a.y. 19-20 audit report and return in sep-19, however at that point of time my outstanding gst was 9 lakh. and same is reported in audit also. same is paid by 2 months. and at present there is no outstanding gst liabilty. Net profit was 4 lakhs in return.
whether the outstanding gst liabilty of 9 lakh be added back to net profit of that year...?
Thank you.
Replies (4)
If it's not paid at the time of filling ITR with audit report then Yes, it will be added.
Thank you sir. Post that i have paid the same. can same be removed from taxable income?
Due to this my income got increased and department stopped my it refund, if same is paid post audit, now i can claim my it refund for that year...?
If it's paid after filing then You can claim the same into PandL account...
Thank you sir, so is tax of that year will be emoposed on 4L instead of 13L? and can i claim refund accordingly..?
Request you guidance here..🙏


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details