admitted to
be working closely with other engineering leaders in Redmond, USA. For
the work assigned to the assessee, he stated to be writing ... works on different features in different Windows
versions e.g., Windows Store work going back to Redmond and the IDC
team working on something totally
Mangalore and Padur
and the temporary structures relate to site offices, store, work shop and
canteen. However, the Assessing Officer not convinced with the
submissions ... that
the assessee made temporary site facilities by constructing site offices,
store, work shop and canteen for the projects to be executed at
Mangalore
supplies not only physically received, recorded but also
issued to stores/works.
(6) The purchases are duly recorded and form part of stocks in
trade
rate of 33.8% adopted was not correct as the
store has worked ; for about seven months during financial
year 2000-01.
2. That during ... average sale per month
worked out @ Rs.35.97 Lacs, but now with full working of the store for
whole of the year when Sales
computer system are saved and stored and which may be retrieved in case the computer system is not working or the hard disk ... dramatic or musical work, not being a computer programme.
(i) to reproduce the work in any material form including the storing
closing stock is faulty so far as
valuation of consumables and stores is concerned. The learned Sr. DR
further submitted that in Assessment Year ... stores are used in the manufacture of
finished products i.e. motorcycles. The assessee is not engaged in trading
in consumables and stores. While working
work charges
job work charges cannot be said to be divorced
from all expenses and it cannot be said that job
work receipts ... variable costs attached to
job work business such as consumption of
electricity and fuel, purchases for job work
business, stores, packing material, wages and
these
company includes lower base staff
comprising of Office boy/Field Boy. Stores Keeper, store managers etc.
who are on payroll of the company.
iii. However ... stores and to franchisee stores. The assessee
company employs job workers who perform various manufacturing and
tailoring works assigned to them.
v. In Gurugram
transit from the
contractor's or manufacturer's work or stores until
arrival at the site, to the Facilities and to the
Construction ... complete Overhead Fibre Optic Cable
Packager. It also provided for the work schedule
for implementing the project. For operational
4 ITA 2800
Store 14,858,050
Purchases:
Raw Material 11,78,031,670.74
Consumable Store 23,461,513.74
Closing Stock
Raw Material 50,686,466
Consumable Store ... 2640/Del/2019
included as Closing Stock of Work-in-progress as work in progress of
Rs.34,762,868.00 in the ITR at page
