Ward 4(2), Jaipur vs. Bharat Metal Fabricators.
turnover has decreased as compare to the previous year, he restricted the
disallowance out of labour expenses ... looked at the labour cost as a percentage of turnover
which has declined from 11.18% to 6.06% during the year under consideration
and has restricted
estimated the profit @ 11.5% on the turnover of Rs.
16.84 crore. The Hon'ble Bench has also considered its
order ... Assessee has claimed that with
the increase of turnover, profit rate is decreased. For
5 ITA 54 & 164/JP/2013_
Choudhary & Brothers
preceding year but there is decrease
in the turnover and therefore, this is the objection of learned CIT that the
overall turnover shown
Devendra Agarwal, Alwar vs Department Of Income Tax on 22 June, 2016
vk;dj vihyh
Vivek Shyam Johri, Mumbai vs Assessee on 26 April, 2016
IN THE INCOME TAX APPELLATE
