The I-T system generates Form 26AS for each assessee which till a year ago had limited information related to tax deducted at source and interest income from saving bank accounts.
The revenue department clarified that the GST turnover details available to taxpayers on income-tax portal (Form 26AS) is aimed at providing additional information to the assessees without any extra compliance burden.
IS GSTR – 3B IS FINAL?
No, GSTR -3B is not final. The dealer has to file GSTR 9 (Annual Return) and if turnover is above the prescribed limit, GSTR 9C (GST Audit – Reconciliation Statement) has to be filed. The turnover reported in the GSTR-9 and 9C is final, which shows the actual reconciled turnover with books for the particular financial year.
RESULT OF SHOWING TURNOVER AS PER GSTR -3B IN 26AS:
When, the GSTR -3B is not the final return, the turnover reported in GSTR 3B is not final, then what is the meaning of showing it in 26AS. This will result in nothing but the unwanted and uncalled litigation.
Showing of GSTR -3B turnover in form 26AS is nothing but like eating Raw or Half cooked Khichadi which is sure going to give you a very bad stomach ache. It’s nothing but launching the faulty rocket in the Space which by sure is going to be burst in flames.
Form 26AS has evolved significantly over the past few years. Earlier it only displayed TDS, TCS and certain interest-related details, but now the Income Tax department has integrated GST turnover information as well. This is mainly to ensure transparency between GST filings and income tax disclosures, and to help taxpayers avoid discrepancies during assessments.
The GST turnover reflected in 26AS is pulled directly from the GST portal, so there’s no additional compliance required from the taxpayer’s side. It’s simply an informational feature meant to help you cross-verify whether your GST returns and income tax returns are aligned.
From what I’ve seen in practice, it’s helpful to review the turnover shown in 26AS before filing your ITR—especially for businesses with multiple registrations or frequent amendments. I usually have a professional run a quick reconciliation for me. Recently, I had this checked through GetMyCA, and they clarified a couple of mismatches between GSTR-3B and 26AS that I would have overlooked on my own.
Overall, it’s just a useful insight tool, not an additional compliance burden.