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For gst holder

suresh (proprietor) (60 Points)

02 August 2019

I am a Propritorship owner who has GST and canceled few days back any my annual turnover was less than 3k. Should I file for Proprietorship busines? and I dont have any other source of income.

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4 Replies

CA Raj Doshi (Practising CA) (8924 Points)
Replied 03 August 2019

if you gross income from all sources ( net salary + net rental income + net income from business profession + capital gains + other sources ) exceeds basic exemption limit then you are required to file IT Return compulsorily.

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Sai Prasad (43 Points)
Replied 03 August 2019

no u need not to file income tax return but u have to flle gst return
since u r gst regsietred
i u r cancelled kindly apply for cancellation of registration ...
since even when i have discontinued business u have to file nill return till u haven't cancelled for registration

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suresh (proprietor) (60 Points)
Replied 03 August 2019

Thanks out,

I have canceled and my status is canceled also got SMS approved for canceled. . I am getting pain when ALL INDIA ITR sending messages to download their app and file ITR.

suresh (proprietor) (60 Points)
Replied 03 August 2019

Originally posted by : Sai Prasad
	no u need not to file income tax return but u have to flle gst return since u r gst regsietred i u r cancelled kindly apply for cancellation of registration ...since even when i have discontinued business u have to file nill return till u haven't cancelled for registration