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FORM 16

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 April 2010 Hi respected CIC Member

I Want to know can we specify business income or capital gain income in FORM 16?

And also want to know whether while we calculate G.P. Ratio then turnover include direct income or not?
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
11 April 2010 in Form 16 you can add it in other income coloum.
yes direct income will be calculated in G.P. Ratio
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
12 April 2010 AGREE WITH EXPERT
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CMA.Palani Arumugam

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CMA.Palani Arumugam (Expert)
12 April 2010 Agreed
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
12 April 2010 Agree

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