#TaxAudit with the Taxmann’s #TaxAuditFAQs | Computation of Gross Receipts/Turnover | A.Y. 2022-21
About this ebook
Before the taxpayer, various questions come up on computation of turnovers, such as, should it be gross sales or net sales? Should it include GST? Should it include commission, etc.?
This write-up discusses some of the questions about the computation of gross receipts/turnover for tax audits.
About the author
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries and Lawyers. This team works under the guidance and supervision of Editor-In-Chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
• The statutory material is obtained only from the authorised and reliable sources
• All the latest developments in the judicial and legislative fields are covered
• Analytical write-ups should be provided on recent, controversial and important issues to help the readers to understand the concept and its implications
• It must be ensured that every content published by Taxmann is complete, accurate and lucid
• All evidence-based statements must be supported with proper reference to Section, Circular No., Notification No. or citations
• The golden rules of grammar, style and consistency are thoroughly followed
• Font and size that's easy to read and remain consistent across all imprint and digital publications are applied
