Do you guyz present your turnover trade-wise or script-wise in ITR?
As per the Earnings Tax Act, taxpayer ought to report the tradewise turnover and never scripwise turnover. Nevertheless, if the dealer report supplies a scripwise information, turnover is reported on scripwise foundation.
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is it true scripwise turnover is all the time lower than tradewise?additionally if dealer doesn’t present such information to shoppers – can shoppers calculate turnover per scripwise and file its accordingly ?
