INCOME TAX

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Sir,

Please Explain  Meaning of Turnover ,  Is it Gross turnover Before Tax or After Tax   in  44 AD  8% or 6% case ?.

 Does Gross Turnover means  (including gst & hamali & other charges ) as calculated  in 8% Case ?

or  

Net turnover  only Net Sales to be mentioned in INCOME TAX ITR 4 FORM 44AD ?. 

Replies (1)
In 44AD,It is gross turnover after tax. Hamali charges forming part of sales taxable value with gst thereon shall form part of turnover


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