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Gross receipts for 44ab

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2015 total gross receipts(billed amt) are rs 27 lakhs out of which rs 4 lakhs were paid to other professionals for the services outsourced.. payemnt of rs 4 lakhs were rooted through us..

now , what will be the turnover ???
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
04 June 2015 Total gross receipts is Rs 27 lakhs hence 44AB applicable.
Here the turnover is 27 lakhs.

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