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Showing contexts for: turnover decrease in Jagjit Singh Arora, Udaipur vs Ito,Ward-1(1), Udaipur on 28 November, 2019Matching Fragments
7. Now the assessee is in appeal.
8. The Ld. Counsel for the Assessee reiterated the submissions made before the authorities below and submitted that the decrease in NPR was due to the increase in the turnover and this fact has not been appreciated in right perspective either by the Assessing Officer or by the Ld. CIT(A). He submitted that the NPR applied by the Ld. CIT(A) was highly excessive.
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