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Questions › Category: CARO › caro{exemption}
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anmol batra asked 4 years ago

diffrence between total turnover and total revenue in CARO exemption point for small and private companies

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RaviRavi Staff answered 4 years ago

Total Revenue = Revenue from Operations (Sale of Goods & Services) + Other Income
Total Turnover = Revenue from Operations (Sale of Goods & Services)
So difference is of other income. Total Revenue includes Other Income while total turnover doesn’t.