Scrutiny notice
I am preparing submissions for notice that I have received from ITD in one of the point officer has asked following derails
1) please furnish the comparison of expenses as a percentage of turnover vis a vis AY 2009-10
My question is can any one provide me with rough idea or working or formate in which I should give this information.
thanks
Replies (4)
Tabular column should be prepared by dividing every expense of the company by its turnover...
Percentage should of expense should be mentioned in unique.....
Than what vis-a-vis AY 2009-10 Means..with whom I should compare this data..I thik it should be compared with Ay 2008-09 if I am not wrong..Please correct me sir
Vis-a-Vis Means "In relation to"....
So In relation to AY 2009-10, You have to prepare ur statement...
Comparing means Comparing tha Expenses of AY2009-10 with turnover of AY2009-10...
Not comparing AY2009-10 with AY2008-09.....
| Nature of expense | Amount of expense | % to turnover |
|---|---|---|
You may use the above format for presentation. Plz mention the turnover smount separately.
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