Aggregate Turnover

Indirect Taxation

If Mr. A is invested in debentures whether interest on debentures will be added to Turnover? If Not included Why?

Pradeep Ravikumar

CA Final

★ 1K+

17-Jul-25 08:35

219

Answers (1)

It is included since exempt income is also included in aggregate turnover

Shiva Teja

Faculty

18-Jul-25 23:31