Computation of turnover w.r.t sec. 44ab
CA Apoorva Gaurav (CA) 29 December 2014
| Originally posted by : Raj C Doshi | ||
 |
Can someone go through Guidance Note on the same. |  |
1st reply to the topic is the extract from guidance note only.
But, since guidance note is not mandatory on any entity neither IT deptt confers it and Sec 145 states something entirely different from what our guidance note says.
Thats why I m confused.
SREEPAL REDDY GURRALA (EXECUTIVE) 30 December 2014
As per sec 44ab it clearly mentioned that gross receipts I.e including taxes & reimbursement of expenses etc. No confusion
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