The Acit, Circle-1,, Bhavnagar vs Shri Chhotubha Shivubha Sarvaiya,, ... on 14 January, 2020
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