How to calculate gp and np ratio in case of company engaged in both service and trading?
Is there no need to provide gp ratio in case of only service income in 3cd.
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form 3cd
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If you are engaged in supply of both goods and services then the total turnover includes both.
Need to take total turnover ( both goods and services ) for computing GP and NP in Form 3CD.
Thanks. But what expenses should be included in gp calculation?
If the expenses are trading expenses then include are both goods and service.
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