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Showing contexts for: turnover decrease in Rina Dyeing & Printing Works, Surat vs Assessee on 18 June, 2012Matching Fragments
the wages was Rs.13,95,731/- and corresponding turnover was Rs.2,18,85,012/-. It was thus submitted that contrary to the finding of A.O. the expenditure had decreased and the turnover has increased. It was further submitted that the assessee has deducted P.F. and ESIC from the wages of the employees and paid to the concerned Govt. department. The Ld. A.R. thus urged that the disallowance made by the A.O. be deleted.
13. The Ld. D.R. on the other hand relied on the order of the A.O.