GROSS RECEIPTS MEAN AMOUNT RECEIVED FROM SALE OF MILK PACKETS, NOT MARGIN AMOUNT.
What is the Gross Receipt?
Page no : 2
Hari
(Chartered Accountant)
(159 Points)
Replied 26 May 2011
I this case Gross Receipts is the income received from the sale of Milk packets..
Hari
(Chartered Accountant)
(159 Points)
Replied 26 May 2011
I this case Gross Receipts is the income received from the sale of Milk packets.. so here income received from the sale of milk packets to be taken as gross receipts
Recent Topics
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
Related Threads
CAclubindia
