Dear Sir,
please educate to me it's mednatory to Maintain GP and NP as per previous years or not a issue if Minor % up and down in current year. approximately Turnover Rs. 2 Crore GP 9% NP 4%.
FY 2020-21 Turnover Rs. 1.17 Cr GP 8.07% NP 6%
FY 2021-22 TO Rs.1.67 Crore GP 8.04%
NP 7%
FY 2022-23 TO 1.77 Crore GP 8.07% NP 6.41%
please suggest
As per me no issues...
keep documents properly...
(generally Assessee think like to show increased value for safer side. but it's not problem)
CAclubindia
