Dear Sir,
expenses related to profession income, also have to be shown or only have to shown gross receipt and profit?
plz give me detail on this point.
thnku
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Replies (51)
Dear Sir,
expenses related to profession income, also have to be shown or only have to shown gross receipt and profit?
plz give me detail on this point.
thnku
expenses related to profession income, also have to be shown or only have to shown gross receipt and profit?
plz give me detail on this point.
thnku
Can't understand... Explain yourself.
for non account case....
gross receipt
gross profit
expenses
net profit
only gross profit have to be shown or expenses incurred also have to shown?
gross receipt
gross profit
expenses
net profit
only gross profit have to be shown or expenses incurred also have to shown?
in my case i shown gross receipt and gross profit by same amount and charge some expenses... balance is net profit...
is it right?
is it right?
Yeah...
Both are correct and You can follow both way. Which is suitable for you...
ok, thnku sir
| Originally posted by : Ashish Khillan | ||
 |
ok, thnku sir |  |
You are welcome
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