defference

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survesh

survesh (Querist)
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28 February 2011 Please give difference of Gross amount and net amount

BALASUBRAMANYA B N

BALASUBRAMANYA B N (Expert)
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28 February 2011 The term gross refers to the total amount made as a result of some activity. It can refer to things such as total profit or total sales.

Net refers to the amount left over after all deductions are made. Once the net value is attained, nothing further is subtracted.

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