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that it is offering to tax is very low. Further, the turnover has decreased by more than 5 times from

rate was prejudicially decrease in the present year but the turnover has increased and therefore, the same was rightly accepted by the CIT(A). Hence

observed that the turnover for the year under consideration has increased from the previous years, however the GP rate has decreased from the preceding previous ... further submitted that in normal circumstances GP rate is inversely related to turnover, i.e. increase in turnover usually results in lower GP rate

last year. In appellate proceedings AR has not filed proper justification for decrease in G.P. rate to 4.64% however I find that GP rate ... higher side, GP rate of 20% of declared turnover is applied. Assessee gets resultant relief. This ground of appeal is partly allowed." Ground

Increase in turnover in period 09/11 to 30/12- Financial Year Period Total Turnover ... turnover for the period 9-11 to 30-12 was Rs. 24,10,695 as against Rs. 29,93,487/-. At the outset, we submit

Ssmt. Charu Aggarwal, Patiala vs Dcit-Cc, Patiala on 25 March, 2022 आयकर अपील य

Acit Central Circle-1 , Jaipur vs Mahendra Kumar Agarwal, Jaipur on 22 November, 2022 vk

Alpa Udaykumar Shah,, Bhavnagar, vs Ito, Ward-1(2),, Bhavnagar on 26 August, 2022 आयकर

Income Tax Officer, Jaipur vs Motisons Jewellers Ltdl, Jaipur on 29 September, 2022 vk;dj

Assistant Commissioner Of Income Tax ... vs Gokul Krishi Udyog Private Limited, ... on 26 September, 2022