FORM 16
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 April 2010
Hi respected CIC Member
I Want to know can we specify business income or capital gain income in FORM 16?
And also want to know whether while we calculate G.P. Ratio then turnover include direct income or not?
I Want to know can we specify business income or capital gain income in FORM 16?
And also want to know whether while we calculate G.P. Ratio then turnover include direct income or not?
CA Prashant Gupta
(Expert)
11 April 2010
in Form 16 you can add it in other income coloum.
yes direct income will be calculated in G.P. Ratio
yes direct income will be calculated in G.P. Ratio
12 April 2010
AGREE WITH EXPERT
CMA.Palani Arumugam
(Expert)
12 April 2010
Agreed
CA Ravi Sisodia
(Expert)
12 April 2010
Agree
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