What is the meaning of turnover for stamp vendors? Is it value of sale proceeds of stamps or only commission received on stamps?
What is the meaning of turnover for stamp vendors?
pankaj (Chartered Accountant) (106 Points)
28 August 2012
praveen
(Chartered Accountant)
(6971 Points)
Replied 28 August 2012
It is only the commission.
A similar view is taken for turnover in the case of brokers.