basis of their turnover of the units. Hence, deduction
u/s.80IA of the Act was consequently decreased and disallowed by the
same amount
resulted into
over-statement of GP during such year with the
corresponding decrease in the year under consideration. If
such error would not have crept ... Under (A.Y. 2006-
Consideration] 07)
1 Turnover 725.19 684.71
2 Gross Profit (as per books) 198.19 356.06
3 Value of scrap related
Vodafone India Services Private Ltd.,, ... vs The Deputy Commissioner Of Income Tax, ... on 23 January
Dcit, Cir-5, Kolkata, Kolkata vs M/S Essel Mining & Industries Ltd., ... on 21
Prinicipal Commissioner vs M/S Novell Software on 18 July, 2018
Bench: Vineet Kothari , S
Prinicipal Commissioner vs M/S Novell Software on 18 July, 2018
Bench: Vineet Kothari , S
Thus, profit
is based on increase or decrease in depreciation or
other factors like cost of material, operating expenses,
marketing expenses. It is relevant ... Assessing Officer that during the year there is no
increase in turnover whereas it can be seenfrom the
25
I.T.A. No. 4535
Bharathi Cement Corporation Private ... vs Asstt. Commissioner Of Income Tax, ... on 10 August, 2018
IN