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Are branch transfers included in turnover of a company?

Tax planning 2201 views 2 replies

Are branch transfers included in turnover of a company?

for bank purpose

for income tax purpose

for gst annual return -aggregate turnover purpose

do we include such transfers for all these purposes or not?

Please reply ?

 

Replies (2)
for income tax purposes no.
for GST purpose yes
what do you mean by for bank purpose

bank purpose means do we need to include it in stock statement  sales figure?


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