Gst registered - itr3 no accounts

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122 Points Joined August 2017

GST Registered business. (was mandatory to migrate from CBEC ST registration)

Regularly filing GSTR-3B  & GSTR1 quarterly.

I am maintaining all Tax Invoices & Receipts required by GST.

Now filing ITR3. Since Business income < 2.5 L & Net Profit > 8% of Gross , I am eligible for No Accounts in ITR.

My Gross Receipts in ITR3 (No Accounts section 53) is same as in GSTR.

Is that sufficient? For ITR3 No Accounts, the form has NO fields asking for CGST, SGST, IGST.

 

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On 27 August 2018 at 23:49 Report
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Student
292 Points Joined December 2009
No.., ITR 3 No account case is for having Business Gross Receipt less than 10 Lacs.& net profit below 2.5 lacs. If ur under this category u can proceed
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On 28 August 2018 at 09:41
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122 Points Joined August 2017

Thankyou Sir. I am eligible to file with No Accounts case. They can always match my Gross Receipts declared are same as filed in GSTR3.

 

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On 28 August 2018 at 16:47
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Student
292 Points Joined December 2009
Yes.., you can file itr 4 also under section 44ad...
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On 28 August 2018 at 16:49

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