Aditya Medisales Limited,, Baroda vs Department Of Income Tax on 2 February, 2011
IN THE
losses/profits would have the counter effect of
the increase or decrease in the overheads and hence cannot be taken
as a base for determining ... with reference to the total
consumption of raw materials vis-à-vis turnover varies to a great
extent. Such an observation
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आयकर अपीलीय अधीकरण, Ûयायपीठ
turnover during the year is
Rs.11.58 crore and gross profit of Rs.1.23 crore showing G.P. @10.64%.
The turnover ... increased slightly as stated by the A.O. but colour & chemicals decreased
3 ITA no.3439/Ahd/2008
substantially. The appellant has stated that
Suo-Moto Case No. 01/2010 (In Re: Sugar ... vs . Sail. In Para 11 Of