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What is a meaning of Turnover as defined under section 2 (91) of The CA 2013? We understand aggregate value of sale of goods or services made during the financial year. Aggregate Value include Excise duty & Sales Tax (if any) i.e Invoice value. OR It will be considered - Opening Debtors (+) add Sales made during the year (-) Less Closing Debtors. The actual realization made during the year. Please clarify.

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Posted By: Sunil kumar agrawal 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


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Pramod Prabhudesai
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