Income tax
Rahmathullah p (101 Points)
25 December 2020
Can I file an income tax return showing more than the sales amount in GST?
2 Replies
shah
(student)
(621 Points)
Replied 25 December 2020
As per my opinion.
it will create problems in future as department share data
try to avoid.
do not show business income more than gst.
still want to show higher income in itr. u can show salary, house property (if), Other sources
it will create problems in future as department share data
try to avoid.
do not show business income more than gst.
still want to show higher income in itr. u can show salary, house property (if), Other sources
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 26 December 2020
Yes you can file return showing sells more than your GST turnover but it will lead to intimation from income tax department
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