Turnover under companies act 2013
Jeetendra (Professional) (833 Points)
18 April 2015Jeetendra (Professional) (833 Points)
18 April 2015
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 18 April 2015
As per Sec.2(91) turnover will include full amount of Rs.1000 cr. Subcontracting charges will be debited to expenses in P&L statement.
For the company to whom subcontract has been given, the turnover will be Rs.995 cr.
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