Dear friends,
I'm doing trading and manufacturing Of immigration jewellery business on the name of XYZ name and side by side Labour job work also do my gst trading annual turnover is Rs 14,05,446 which is completely done in tax invoice.
while Labour job work annual turnover is Rs 6,13,544 which provide without Tax invoice now I want to file Income tax Return and turnover as per gst mentioned Rs 14,05,446.
so can I mention total amount of trading and labour job in Trading and P &L Account ??
can there is any problem will be arise or not??
plz suggest.
for IT purpose mention the total income
but for gst turnover mention only the taxable turnover I.e. 1405446
CAclubindia
