Stationery margin of gross profit?
pls tell me what i amount to show gross receipt in retail business or file a nil return? pls clear my point
3 Replies
CA Bhavik Soni
(867 Points)
Replied 23 August 2018
gross receipts is your collection throughout the year.
Ankit Rikhi
(567 Points)
Replied 23 August 2018
ok but how much percentage can count in this return back year 2017-18 file a return show above 600000 now i can file a return 1140000 because i think 25 percentage of ratio in stationery retail shop
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 23 August 2018
Nothing to do thing that margin. You can show 8 percentage profit
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