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SALES TAX

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 August 2010 IS SALES TAX IS A PART OF GROSS SALE.
IF ANY TRADER HAVE SALE 39,00,000 AND SALES TAX IS 200000 LAC. IS BALANCE SHEET COMES UNDER AUDITED BALANCE SHEET?

THANKS
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sachin alwadhi

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sachin alwadhi (Expert)
12 August 2010 yes sales tax is part of gross sales

Taxable sales+sales tax=gross sales
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Querist : Anonymous

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Querist : Anonymous (Querist)
12 August 2010 It means that BALANCE SHEET will considered as an Audited Balance sheet?
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