Changes in ITR forms and impact on maintenance of accounts :
• ITR- 3: For individuals and HUFs having income from profits and gains of business or Profession
• Schedule PL modified to include GST related details
Issues
•Who needs to disclose the GST amount in P&L?
•Whether GST paid on Stock transfer to branch in other state, needs to be included in the specified column?
• GST paid on RCM, need to be included in specified column?