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- A turnover certificate is a legal document that verifies the amount of turnover generated by a business within a specific time frame. It is usually issued by a chartered accountant or other authorized professional and may be required for various purposes such as taxation, loan applications, or government tenders.
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Turnover Certificate Means. It’s quite often required by banks for loans, government for tenders, etc. This certificate contains details of turnover as per Income Tax Return or GST Returns as the case may be. This certificate is attested by qualified chartered accountant in practice with UDIN number.
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- Contents of A Turnover Certificate
- Requirement of Turnover Certificate
- Who Can Issue Turnover Certificate?
The contents of a turnover certificate will depend upon its requirements & the purpose for which turnover certificate is being produced. A basic turnover certificate would contain the following 1. Name & details of the business entity 2. Registration details 3. Period for which turnover is certifies 4. Purpose of turnover certificate 5. Basis by wh...
A turnover certificate can be required by anybody who wishes to get an assurance on the turnover of the entity in question. Following are some illustrative cases where turnover certificate might be required: 1. For Participation in tenders issued by various companies, local authorities & institutes 2. By Banks & financial institution for the purpos...
As already discussed, turnover certificate provides assurance to its user about the turnover of a business entity. It can be issued by a Practicing CA who specializes in issuance of turnover certificate. ***** Disclaimer: The above post is only for the purpose of academic discussion and should not be construed as any legal opinion in any matter wha...
Jun 9, 2023 · A CA Turnover Certificate is an official document issued by a Chartered Accountant that certifies the total turnover of an entity for a specific period. This certificate...
Jan 30, 2023 · A turnover certificate is a factual statement that certifies the turnover of the entity based on the requirements. The turnover certificate in India assures the users that the turnover generated by the business entity during a specific period.
A Turnover certificate is issued by a Chartered Accountant which certifies total turnover for a given period. Turnover certificate gives assurance that the entity has turnover of the amount specified in the certificate. Turnover given in the certificate can be for one year for more than one year depending on requirement.
The turnover certificate in India assures the users that the turnover generated by the business entity during a specific period. A turnover certificate is issued by the Chartered Accountant. This certificate certifies the total turnover of the applicant’s organization.
The turnover certificate in India assures the users that the turnover generated by the business entity during a specific period. A turnover certificate is issued by the Chartered Accountant. This certificate certifies the total turnover of the applicant’s organization.
