Respected members
I am filing GST-R9 for assessee 2023-24
Assessee received interest on FD Rs 10 lakhs.
So under which table should I show the interest in gst-R9 Or Gst-9c
Pls suggest
Thanks
Sourabh Katiyar (-) (114 Points)
06 November 2024Respected members
I am filing GST-R9 for assessee 2023-24
Assessee received interest on FD Rs 10 lakhs.
So under which table should I show the interest in gst-R9 Or Gst-9c
Pls suggest
Thanks
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(6317 Points)
Replied 07 November 2024
Here's a suggestion: In GST-R9: - Table 5: "Interest received" should be reported in this table. -
Table 6: "Other income" can also be considered for reporting this interest income. In GST-9C: -
Table 4: "Interest income" should be reported in this table.
Ensure you also report this interest income in the assessee's income tax return (ITR).
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)