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Bank transactions

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(Querist)
31 May 2012 SIR,
AS A PROPRIETOR IF I DEBIT AND CREDIT SAME AMOUNT SEVERAL TIMES IN A MONTH IN MY BANK AC ,(e.g Rs. 10000 DEBIT AND CREDIT 15 TIMES IN A MONTH),MY QUERY IS
MY BUSINESS RECEIPTS WILL BE Rs 150000 + ACTUAL RECEIPTS in a month?
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CA. Vikash Dwivedi

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CA. Vikash Dwivedi (Expert)
31 May 2012 why so you wnat to do this??

what is counted is Gross Receipt which is determined from turnover/sales based on goods sold and service rendered.

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