TMI BlogITR -4S - Should Gross Receipt be sum of two businessX X X X Extracts X X X X X X X X Extracts X X X X ..... Hello , I have an IT data analytics service business. Gross service value was 12 lacs for FY2016-17. Service tax also paid for the same. Previous three years my Gross Receipt was perfectly equal t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o amount as per ST-3 . And both the dept cross check the amounts. Have received a communication regarding mismatch once. I purchased Indica for additional income from uber. Received 1 lac online ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... payment and ₹ 90,000 cash. Should this 190,000 also be a part of the Gross Receipt in the ITR. Only 12 lacs reflect in the Service Tax Returns perfectly. So Gross Receipts = 12 lacs or 13,90,0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 00 ? Or should 190,000 be in income from other sources . I dont think so though. It is meant for FD interest etc right ? In any case I intend to declare the Net Presumptive income as 6 Lacs irrespe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctive of Gross Receipt. Also I know PPF interest income is exempt from income tax. But is this amount to be shown in the ITR. First show and claim deduction. Or just forget about it. - ITR -4S - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Should Gross Receipt be sum of two business - Query Started By: - Aditya Parakh Dated:- 15-6-2017 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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