analysis of the record, learned Assessing Officer found that though turnover
is decreased in comparison to last year but expenses on account of salary
turnover of
Rs.17,36,68,915/- as compared to Net Profit of Rs.71,30,820/- at the rate
of 5% on the turnover ... Profit. It was found by Assessing Officer that security charges have been
decreased from 92.78% shown in the last year to 91.5% during the year
Neeraj Malhotra vs Deustche Post Bank Home Finance Ltd. & ... on 2 December, 2010
COMPETITION
addition on the ground that during the
year Gross profit has decreased in percentage of last year. In the
last year the gross profit ... year under consideration the gross profit disclosed at
1.97% on total turnover of Rs.89,25,210/-. Therefore, the A.O.
found that there were
Neeraj Malhotra vs Deustche Post Bank Home Finance Ltd. & ... on 2 December, 2010
BEFORE
Hero Honda Motors Ltd., New Delhi vs Assessee on 27 September, 2010
IN THE INCOME
consideration it was at 25.61%. However, there was tremendous
increase in the turnover of the assessee which increased to Rs.1021.80 lacs ... factor for decline in the gross profit rate as the turnover
increased by 356% in comparison to the earlier year. In the instant case
Hero Honda Motors Ltd., New Delhi vs Assessee on 27 October, 2010
IN THE INCOME
Symantec Software, Mumbai vs Assessee on 30 September, 2010
IN THE INCOME TAX APPELLATE TRIBUNAL
Alidhara Textool Engineers Pvt.Ltd.,, ... vs Department Of Income Tax on 12 March, 2010
IN