various years is as under:-
AY Travelling & Turnover Expenditure as
Conveyance (Rs. in % of Turnover
Expenses (Rs. in crores)
crores ... evident that the amount of expenditure on
travelling and conveyance expenses has decreased since AY 2006-07
and continuously on downward trend. Therefore, considering
31st March, 2003.
3. In case of Nodules the Material Consumption has
decreased to 21.14% for the year ended 31st
March 2005 from ... case of Nodules Division
as compared to Chiller Division.
5. The total turnover in case of Chillers has increased
from Rs.211.46 Lacs
assessee has decreased
by 43.41% during demonetization period as compared to the said
period during the previous year 2015-16, whereas turnover has
increased
rate as applied by the CIT(A) at 5% of the turnover was
confirmed discarding the application of N.P. rate ... gross contract receipts invoking S.44Ad of the Act 'when the turnover
of the assessee had exceeded the Rs. 40 lakh limit prescribed
details have been
filed and during the year, manufacturing and sales have decreased but the
expenses on repairs to plant & machinery, building and others ... direct
correlation with the increase or decrease in sales and therefore, merely on
this basis that the turnover has gone down, the repairing expenses cannot
further submitted that the
turnover of the assesee has increased multifold as compared to the
previous year where the turnover ... issue
that the turnover of the assesee has increased substantially as compared
to the previous year and the higher turnover could only be achieved
basis of their turnover of the units. Hence, deduction
u/s.80IA of the Act was consequently decreased and disallowed by the
same amount
explained that fall
in gross profit was attributed to the increase in turnover
from Rs. 6.40 crores to Rs. 9.57 crores. Hence, the gross
profit ... year which was earned on a meager turnover of
Rs. 1.04 crores whereas in this year the turnover has increased from
Rs. 1.04 crores
claimed that the expenses have decreased this year
in comparison to the preceding years but without
given comparative turnover figure of earlier years.
The appellant
year the appellant's turnover was Rs. 7.80 cr
with a G.P. rate of 6.41% as against turnover of 7.81 cr with ... these factors have
resulted in decrease in G.P. by Rs. 3801862/- which is
equivalent to 6.08/- of the turnover. This is depicted
