profit 7883640 17530088.41 20905089.81 24268511.48
Gross profit % 14.23 % 14.02 % 13.07% 13.53 %
on turnover
Net profit 4714700 11242289.71 14151236.39 19503705.55
before
depreciation
Depreciation ... turnover before
interest and
salary to
partners
Net profit % on 1.93% 2.33% 2.29% 3.98%
turnover after
interest and
salary to
partners
Therefore, the assessee claimed
Assistant Commissioner Of Income ... vs C.G.Jute Udyog Limited,, Raipur on 19 February, 2016
Dcit, vs M/S Cypress Semiconductor Technology ... on 4 November, 2016
IN THE INCOME TAX
Choksi Metal Refinery, Surat vs Dcit- Circle-2, Surat on 8 December, 2016
IN THE
Commissioner Of Income Tax vs Dharampal Satyapal on 6 January, 2016
Author: Vibhu Bakhru
Bench
Commissioner Of Income Tax-I Jalandhar vs M/S Max India Limited on 6 September
Denso India Limited vs Commissioner Of Income Tax on 29 February, 2016
Author: S.Ravindra
Kaiser Industries Ltd,, Jammu vs Department Of Income Tax on 29 March, 2016
IN THE
loss of Rs.1,75,74,887/- on the total turnover of
Rs.1,69,62,106/-;
(b) the loss on sale of machinery ... sale and purchase of any asset under any
block can only increase/decrease in value of block and
depreciation can be accordingly claimed/allowed
M/S Dharampal Premchand Ltd.,, Delhi vs Dcit, New Delhi on 8 January, 2016
INCOME
