about gst turnover in income tax
sumit verma (3 Points)
15 May 2019sumit verma (3 Points)
15 May 2019
RAJA P M
("Do the Right Thing...!!!")
(128062 Points)
Replied 15 May 2019
A B Kundu
(Professional)
(1422 Points)
Replied 17 May 2019
Originally posted by : RAJA P M | ||
Based on Income Tax it's different from Gst. A Composition dealer book his total sale value as Turn Over & Tax value in expenditure account...In case Taxpayer is regular dealer and the taxpayer file his ITR u/s 44aa then the 3,00,000 is his Turn Over... In case the Taxpayer opt u/s 44ad then the 3,36,000 is his turn Over... |
And in case of Sec.44AB,i.e, Tax Audit??
RAJA P M
("Do the Right Thing...!!!")
(128062 Points)
Replied 17 May 2019
CA Shikha Sharma
(Ceo)
(3869 Points)
Replied 17 May 2019
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