aggregate turnover
Khushboo Jain (16 Points)
31 May 2018
should I include rental income in aggregate turnover or turnover showing in sales account in P&L
1 Replies
Kaushik Deepak (KD)
(Deputy Finance Manager)
(1136 Points)
Replied 31 May 2018
| Originally posted by : Khushboo Jain | ||
 |
should I include rental income in aggregate turnover or turnover showing in sales account in P&L |  |
“Aggregate turnover” means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess.
yes rental income include if rent received from commercial property
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