I have filled wrong GST 3B and which is also reflecting in form 26 AS. I have entered such a huge amount that cannot be adjusted in the coming months also. What to do in such a case? Can I correct it in annual return?
6 Replies
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 19 May 2021
If you have paid excess tax then claim refund.
If you have paid less tax then pay tax
Saumyadeep Banik
(29 Points)
Replied 19 May 2021
How to show income details in income tax
Should I do not show the excess amount as mentioned in GST for the give month for which I have given wrong turnover?
Mohit Jagnani
(Professional - CA firm)
(524 Points)
Replied 19 May 2021
You need to file gst annual return and audit with the rectified figures. refund for the excess amount can be claimed
further as far as income tax is concerned you should show correct turnover
thanks
mohitagrawal076 @ gmail.com
further as far as income tax is concerned you should show correct turnover
thanks
mohitagrawal076 @ gmail.com
Saumyadeep Banik
(29 Points)
Replied 19 May 2021
Ok, So there will be no problem If income tax computation mismatches with GST turn over?
The ITR will be processed?
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 19 May 2021
You should rectify such mistake in annual return and you should show the correct amount in income tax return
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