filed on
30.9.2008 declaring an income of `.2,76,245/- on a turnover of
`.3.05,16,751/- . The GP rate has been shown ... being
purchases reflected by the above TCS certificates) and therefore had
decreased GP to that extent. In reply, the assessee submitted that list
Acit Circle- 2(2), New Delhi vs Ais Dristribution Services Ltd, New ... on 25 May
Dynamix India Drill-Con Co., New Delhi vs Acit, Circle- 62(1), New Delhi on
Dcit, New Delhi vs M/S. Marubeni India Pvt. Ltd., New Delhi on 9 November
indicated by the
mother dairy from time to time and he may decrease the margin
as per shop to shop.
3. Amount available ... Dairy Fruit & Vegetable Pvt. Ltd.
5. The AO held that total turnover of the assessee works out to
Rs.3,19,09,663/- which
business of civil
construction work during the year, had shown a decrease in the net
profit rate of 4.09% to 3.40% as compared ... made,
ignoring the fact that the percentage of labour wages to gross turnover
had come down to 13.73% for that year (Assessment Year
