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
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
Metal Link Alloys Ltd.,, Vapi vs Department Of Income Tax on 3 March, 2010
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