turnover decrease doctypes: itat

Acit, New Delhi vs Sh. Hans Raj Dhankar, New Delhi on 21 September, 2021

which is slightly decreased from previous year net profit of Rs. 5,14,19,208/- on total turnover of Rs. 89,71,37,753/- showing

Income Tax Appellate Tribunal - Delhi Cites 11 - Cited by 0 - Full Document

Muon Computing P.Ltd, New Delhi vs Ito, Ward-17(2), New Delhi on 4 August, 2021

turnover was abnormally high for the year under consideration, sharp decrease in the turnover for F.Y. 2016-17 and also sharp increase

Income Tax Appellate Tribunal - Delhi Cites 0 - Cited by 0 - Full Document

Arshi Qureshi, Ghaziabad vs Ito, Ward- 1(1), Ghaziabad on 22 November, 2021

Officer noted that the turnover of the assessee has increased, but the gross profit rate and net profit rate has decreased. The assessee was asked ... profit rate of 8% may not be applied on the total turnover. Consequently, the show cause notice stated that an addition

Income Tax Appellate Tribunal - Delhi Cites 4 - Cited by 0 - Full Document