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Turnover Definition companies act, 2013

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(Querist)
27 November 2019 In reference to AOC 4 (details of principal product or services of the company)

*Does Turnover include other income...?*
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
28 November 2019 No. Inference - section 2(91) of Co's Act,2013.
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Sachin Kumar

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Sachin Kumar (Querist)
28 November 2019 Thanku sir.
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CS Richa Sharma

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CS Richa Sharma (Expert)
19 January 2020 No.
Section 2(91)"turnover" means the gross amount of revenue recognized in the profit and loss account from the sale, supply, or distribution of goods or on account of services rendered, or both, by a company during a financial year
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