Naveen AgarwalNaveen agarwal asked 1 year ago
1 Answers
RaviRavi Staff answered 1 year ago

Sec 2 (91)
“turnover” means the gross amount of revenue recognised in the profit and loss account from the sale, supply, or distribution of goods or on account of services rendered, or both, by a company during a financial year;
So it simply means sales figure in P&L which is always presented net of (excluding) indirect taxes (also gst)

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