Every month I am trading of exempted goods (Agricultural)..
Every month I am filling both return (Form 1 and Form 3 B)...
what is the next step?
Simple , If I go to an Auditor what he will ask?
Example for this year trading..
Total purchase 1000
other Direct expense 150
sales 500 (purchase value 300)
stock 700
In a year I purchased goods for 1000 out of which I sold 300 units for 500
balance stock 700
profit 50 (200-Direct exp 150)
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Income tax return for Gst tax payer
Replies (2)
GSTIN no. along with the copies of GSTR-1 and GSTR-3B. You should also bring all you transaction recorded during the period.
Ques : If I go to an Auditor what he will ask?
Ans : Based on Your Business related Documents :
=> GST Return Copies
=> Purchase and Sales Bills
=> Bank Satements & Cash Book / Ledger
=> Expense Details with supportive Documents/Papers
=> Outstanding Details
=> Others
Based on Your Individual related Documents :
==> Deductions related Documents
==> Saving Bank Accounts
==> Others
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