Concept & Meaning of Turnover in Tax Audit By Anand Gupta TaxGuru

Concept & Meaning of Turnover in Tax Audit Concept & Meaning of Turnover in Tax Audit How to calculate the gross receipt or turnover? ‘Turnover’, ‘Gross Receipts’ and ‘Sales’ are the buzzwords during this Tax Audit season. Incidentally, they are the very starting point of a Tax Audit. They form the qualifying criteria, determine whether a taxpayer is liable to tax audit during […]

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