Indian Kanoon - Search engine for Indian Law

operating assets) but at a decreasing rate. Hence, it is appropriate to apply upper turnover filter based on the classification of companies

this year although the turnover of assessee has increased by 1.7 times but the average job charges decreased to Rs 5.25 per meter as against ... production mix. Though the turnover of the assessee has increased by 1.7 times, but the average job charges decreased to Rs.5.25 per meter

Rubinetterie Bresciane Bonomi Spa vs M/S.Lehry Instrumentation & Valves ... Author: N. Sathish Kumar

showing substantial decrease and reduction of his business turnover as compared to the year 2011-12. That the respondents/opposite parties even during the pendency

from the information provided by the assessee it was obvious that the turnover in the expanded unit had increased from Rs.65.49 lacs ... first unit. Finally, the tribunal held:- "Though increase or decrease in the turnover by itself may not be of much consequence in the scheme

crores. Thus, whilst the increase in the turnover was around 40%, the exempt income had decreased by almost 60%. 7. Given the nature of income ... account pertains to manufacturing activities, there is increase in business turnover by 40% and decrease in exempt income by 60% in comparison to last year

increase in the recurring expenditure of employees' salary and decrease in the business turnover due to severe private sector competition are some

paddy, whichever is more. Because of the capacity of cluster (turnover) increased and competition decreased. Due to this there was a rise in rates

that the said amount also included sums forming part of the turnover on account of providing accommodation entries. Now, that radically changed the complexion ... determined the commission to be 1.5% on the said total turnover; the ITAT decreased it. Nonetheless, the important fact is that the determination

subject and the qualification of Annual Turnover was arrived in a formula basis and will be increased or decreased according to the period of completion ... that the calculation of the Annual Turnover is increased when the period of completion is shorter and decreased when the period of completion is longer