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ITR Filing In case Not Filling GST

04 August 2021

I have taken GSTN in month of December but have filed nil return till March but the sale and purchase was made but both on cash basis
so can I file ITR 4 by showing some amount of sale in it or is there any other way to show??

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5 Replies

CMA Poornima Madhava (CMA) (13112 Points)
Replied 04 August 2021

If you have earned business income in cash, filing Nil return under GST is not appropriate.

Further, there would be a data exchange between gst and IT dept. So if you declare business income in ITR, gst dept would very well know about this.

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kavita raheja (44 Points)
Replied 04 August 2021

But in case I want to show ITR return for bank purpose then what head it can be???

and the sale purchase was also made in pre GST period can that be shown then which head?

CMA Poornima Madhava (CMA) (13112 Points)
Replied 04 August 2021

If the transactions pertain to the period before obtaining registration, you may disclose such transactions in the ITR as business/professional income as applicable

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