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FORM 3CD

This query is : Resolved 
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(Querist)
07 October 2010 Sir, in clause 32(b) computation of Net profit to Turnover ratio, do we hav to include other incomes into Turnover, like interest received(other than bank interst n interest from Income Tax but interest on delayed payments OR Miscellaneous Incomes) or commisions received, bcoz in case of Agents, commision received is their income while sale procceds are done in the course of agency business.
there is a confusion regarding this, plz clarify:)
thanking u
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
07 October 2010 You can choose either way. But method of calculation may be specified.
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