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Definition of turnover

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(Querist)
23 February 2009 What is the definition of turnover for sec 44AA and 44AB?
Whether purchases are included in definition of turnover
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C A GROUP COACHING

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C A GROUP COACHING (Expert)
24 February 2009 NO PURCHASE IS NOT TO BE TAKEN FOR DEF. OF T/O u/s 44 AA / AB

ONLY SALES / RECEIPTS ARE TO BE CONSIDERED TO DERIVE THE ELIGIBILITY OF 44 AA / AB

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