Easy Office

Gross Profit in books of account

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 September 2019 Dear Sir

We have business of Marbles & Tiles. Please advise to me how much Gross profit & Net profit we have to show in books of account. previous year GP was 8.07% and NP was 4.90%
Please advise for this year ?
Profile Image

Gokul Sharma

Profile Image

Gokul Sharma (Expert)
14 September 2019 are you covering under tax audit ?? or 44AD
Profile Image

Sandeep Jain

Profile Image

Sandeep Jain (Querist)
16 September 2019 Yes Covering under tax audit



Profile Image

Gokul Sharma

Profile Image

Gokul Sharma (Expert)
16 September 2019 then let the auditor decides from books of accounts audit.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links