Insurance Claim Received

Others 143 views 1 replies

A Manufacturer Whose Supply details are as follows

Supply Of Goods                   ;  4.66 Crore

Insurance claim Received     :   0 .40  Crore

Interest Income                      :    0. 1 Crore

 

Will this Insurance claim and interest form part of Turnover?    

Replies (1)
In my views insurance claim received against damaged property is part of turniver.
intrest income is not part of turniver but lat payment intrest part of turniver.


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