Which amount of sales is to be considered as turnover
This query is : Resolved
29 June 2018
I have a query is that which amount of sales is to be considered as turnover mean that taxable value or invoice value.
I am confused because there comes only taxable value of sales invoices in P & L Account as Sales.
So please give best advice about the same.
I am confused because there comes only taxable value of sales invoices in P & L Account as Sales.
So please give best advice about the same.
29 June 2018
Yes...
The turn Over is Calculated Basic Values, Not including Tax Values like VAT & GST..
It's duties & Taxes...
The turn Over is Calculated Basic Values, Not including Tax Values like VAT & GST..
It's duties & Taxes...
30 June 2018
Turnover is Taxable value, Before tax Value.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Refund Annexure-B
- TDS Claim year
- Liable to deduct tds and 44ADA
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Merchant Export Accounting
- Internship/Academic shown in Salary Pay Slip of a Doctor
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
