A person money transfer service from my bank account to customer bank account
(1000/- 500/- 2000/- example)payment through on online mode (Google pay and phone pay and other modes). money transfer after service charges received(commission) from customers.
A person services income collection charges gst registered applicable and I.t. return filed compulsory in I.t. act .
If you are charging a fee for any transaction then it becomes a supply under GST.
Once the transaction falls in the definition of supply and you cross-registration limits, you have to register under GST.
Further under Income Tax, if you have taxable income and tax is payable you have to compulsory file your income tax return.
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