Itr filling for proprietor

01 April 2018

I am having GST registration to my name. My income from all the sources is below 2.5L for financial year 2017-2018.

Is it necessary to file ITR if i am having GST registration but income is less than 2.5L

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6 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177824 Points)
Replied 01 April 2018

Though not mandatory, but based on your turnover under GST, you may get non-filer's query.....

So, advisable to file return even if below BEL..

GouTam SachDeva (70 Points)
Replied 01 April 2018

turnover under gst was around 50k other than this salaried income is around 1.6L.

GST turnover is also low, so itr is not mandatory Am i Right ???

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177824 Points)
Replied 01 April 2018

No question of IT query....... but better to de-register from GST, as your TO is much below exempted limit.

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GouTam SachDeva (70 Points)
Replied 01 April 2018

Selling on ecommerce sir, so GST is mandatory

Dhruv Pancholi (Ca) (137 Points)
Replied 01 April 2018

u should file ITR for further benefits even though u r income is less than 250000

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 01 April 2018

No need to File ITR as per Your Income...

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