GST deducted for Consultants income tax treatment
X X X X Extracts X X X X
X X X X Extracts X X X X
....ST deducted for Consultants income tax treatment<br> Query (Issue) Started By: - Shan S Dated:- 14-6-2025 Last Reply Date:- 14-6-2025 Income Tax<br>Got 2 Replies<br>Income Tax<br>Presumptive Taxation ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....claiming 50% deduction- Gross Turn over should include GST paid or Can it be deducted? Reply By GIRISH CHANDAK: The Reply: 44AD Reason 1 Sec. 145A(ii) does not specifically refers to GST. It provide....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s for inclusion of those taxes which are paid or incurred by the assessee to bring the goods or services to the place of its location and condition as on the date of valuation. Reply By Shan S: The R....
X X X X Extracts X X X X
X X X X Extracts X X X X
....eply: So in that case,does it mean that gst should be included in Turn over and it can only deducted as expense in case of not claiming Presumptive taxation 50%? <br> Discussion Forum - Knowledge Sh....
X X X X Extracts X X X X
X X X X Extracts X X X X
....aring ....