Applicability of caro
This query is : Open
SHIBA PRASAD PANIGRAHI
(Querist)
21 August 2014
The company is into Online commodity trading which figure is considered for application of Caro - Gross Turnover or Margin on sale.
Ashwin Sharma
(Expert)
21 August 2014
In my view, If gross turnover is shown as business income in P&L, then it shall become criteria for applicability of Caro
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