09 November 2009
ABC Private Limited is doing consultancy services.
As per P & L, the company has following income :
Consultancy Fees : 100000 Reimbursement of conveyance expenses : 25000
Interest from bank deposits : 15000
Is it appropriate, if I mention in the field Turnover as '125000' under the heading - III. Turnover details of three principal products or services of the company (as per monetary terms) ?
CAclubindia
