Dear Experts,
please tell
What is the meaning of Turnover for Tax Audit?
Does it include only Operating income or other incomes like commision,interest n other kind of income?
Bt i have also read that commision receive regarding business is also a part of turnover..
kindly provide some logic or link where it ia clearly mentioned.
Regards
Agreed with Parveen.
Is there any exhausitive list of Items to be included in the meaning of Turnover to decide whether Tax Audit will b applicable or not?????
CAclubindia
