Comment on Taxation Simplified

ravindra kumar commented on 12 Mar 2014, 06:57 PM

Dear Nithin,

I met one CA. He says that in my case, the turnover is Rs.14,95,775.07 ie, the Net Profit I earned in both segments, for the entire year. Whether this correct or not ? I am bit confused about ‘difference of total buy value & sell value) and ‘sum of settlement profit & settlement losses’. Please clarify.

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