Q. turnover for companies act 2013 to include Focus licence sale for mfg exporter & whether to include other income such as rent from property

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Question added Jan 6, 2020 Internal Audit By Ranjan Khandelwal, CA, GHAZIABAD
edited Feb 14, 2020 Ranjan Khandelwal, CA, GHAZIABAD
Whether turnover for internal auditor provision to include Focus licence sale for mfg exporter and whether to also include rent from property which is other income under companies act 2013

Whether turnover include forex gain/loss under companies act

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answered Sep 26, 2021 By CA PRAMOD JAIN, CA, CS, CMA, LL.B, Delhi
Focus less on sale should be included and so should the forex gain oblique loss of sales. However rent from property should not be included.

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