My meetings with IT officer going from last year........ acc to them...my turnover is 7.5 crore and acc to me..it is 27 lakh.....i was in loss, so didnt get account audited........ now in last meeting they asked for a bribe to settle matter which i denied........ i told take penalty acc to law, if found me guilty... now they again called me on monday...... they threaten with desire consequences...all past transactions will be scrutinised etc etc... but i was firm that i will not pay bribe as i dont have anything to hide.... though bribe amount was small but my religion dont allow me........ lets see what they tell me on monday... anybody...can u please send me any IT dept guideline on turnover calculation or is it a grey area?
What place are you from?