hi how does the opening stock , closing stock and purchase have effect of gross and net profit
4 Replies
sabyasachi mukherjee
(27574 Points)
Replied 18 March 2024
You can adjust stck to give an impact on gross profit
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 18 March 2024
It depends upon how much Openings Stock and purchase during the year you sold and at what price you Sold ,how much expenses you incurred and unsold stock is your Closing Stock ,at the end of the financial year.
sabyasachi mukherjee
(27574 Points)
Replied 19 March 2024
Generally in corporates the profit and profit ta
x figures are extrapolated . So adjustment are marginal
x figures are extrapolated . So adjustment are marginal
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 20 March 2024
Lol no one does that kind of reporting.
No one can avoid margins
Anyways what's tds on perquisites for 20k exact amount? Is it 2000?
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