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GST return and ITR return

Abhishek M (not) (68 Points)

11 March 2020

Is filing for return for GST mandatory? Is filing for return for GST different from ITR? Is it that both GST return and Income tax return have ti be filed for an individual?

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durgesh (student) (222 Points)
Replied 11 March 2020

If turnover exceeds 20 lacs (10lacs in special states except HP assam and jk) in gst then u have to register under gst ...unless u work fully in cash 😆

and fir income tax it is mandatory of ur income ie....turnover minus expenses increase rupees 250000 for individual

yes.....both are mandatory of above the limits crossed

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Abhishek M (not) (68 Points)
Replied 15 March 2020

Durgesh

What do you mean by fully operating in cash? The income comes from an organization where the individual provides services. Is it normally people takes this high valued income completely in cash in the financial year?

Tax Jankari

Please reply in English.