Whether turnover taken in Profit & Loss shall be inclusive of GST or not.
Turnover for income tax shall include gst or not
anand dilip bagade (PROPRIETOR) (96 Points)
03 August 2018
1 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 03 August 2018
If Asseessee will be file presumptive taxation scheme then Turn Over Calculated Inclusive GST/Vat...
If assessee will be file u/s 44aa then it's exclusive of GST / VAT
If assessee will be file u/s 44aa then it's exclusive of GST / VAT
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