Answer

1. F

   Facts

   Differences between GST and income-tax turnover are noticed by both departments. Reconcile and keep a note explaining any genuine difference, like exempt sales or timing.

2. P

   Provisions and law

   • Rule 62, CGST Rules 2017Quarterly CMP-08 statement and annual GSTR-4 return for composition taxpayers
   • Sec 35, CGST Act 2017True and correct accounts
3. A

   Analysis

   Both returns come from the same books, so they should match or be explainable. Example: GSTR-4 shows ₹72 lakh, ITR shows ₹75 lakh; the ₹3 lakh is exempt fresh produce not in Table 6. Write the reconciliation and keep it with your records.

4. C

   Conclusion

   1. 1Take turnover from books.
   2. 2Compare with GSTR-4 Table 6 and the ITR.
   3. 3List reasons for any difference.
   4. 4Correct the return still to be filed if needed.

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