Section 44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 March 2012
Dear Sir/madam
As per Section 44AD, Gross sales turnover includes Sales incentives also? if yes then the 8per cent calculation has to be done including sales incentives?
Thanks in adavance
As per Section 44AD, Gross sales turnover includes Sales incentives also? if yes then the 8per cent calculation has to be done including sales incentives?
Thanks in adavance
Guest
Guest
(Expert)
01 March 2012
Normally sales incentives are included in turnover. And as such they will included in turnover.
Message likes :
1 times
10 October 2021
Yes, 8% margin should be over turnover inclusive of sales incentives..
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