Gross receipt/turnover under presemutive tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 July 2011
Kindly tell what is the gross turnover is it inclusive of tax or exclusive of taxes
Similarly in case of gross receipt is it inclusive of Service tax or exclusive
Kindly clarify
Similarly in case of gross receipt is it inclusive of Service tax or exclusive
Kindly clarify
CA Ashwani Agarwal
(Expert)
31 July 2011
In both cases taxes will be excluded.
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