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If you are using the cash turnover method, the rule for claiming bad debt relief are different, as explained at paragraph 14.2 below.
It actually comprises several shopping centers seamlessly interconnected to ensure maximum customer and cash turnover.
If you use the cash turnover method of accounting you may be eligible for bad debt relief if:
But the growth under the existing management was now slowing and the company was settling down with its wool market dominance, a small but successful finance business and massive cash turnover.
A 1996 government report quantified so-called "shadow economy" which yields no taxes or government statistics as accounting for about 51% of the economy and 40% of its cash turnover.
The Diwali of Ichalakranji sees a cash turnover ( by sales of clothes & gift articles & pooja material )more than Rs.200 million within last five to six days of Diwali.