The term ‘turnover’ would mean the total sales after
deducting therefrom goods returned, price adjustments, trade
discount and cancellation of bills for the period of audit, if any.
I think "Purchase" can't be considered here as turn over for this purpose. Please confirm any of your auditor or Faculty
The term ‘turnover’ would mean the total sales after
deducting therefrom goods returned, price adjustments, trade
discount and cancellation of bills for the period of audit, if any.
I think "Purchase" can't be considered here as turn over for this purpose. Please confirm any of your auditor or Faculty
Vijay Maheshwari HUF...SLP rejected by SC- Purchase included in definition of turnover
CAclubindia
