agreement, minimum 9 years of experience has been demanded
and an average turnover of Rs.25 crore for the last three
financial years has been ... CWJC No.339 of 2026(2) dt.29-01-2026
4/10
decreases competitiveness, and run contrary to the spirit of the
General Financial Rules
Gross profit ration for last three years is as under: -
A.Y. Turnover Gross Profit G.P. Ratio ... ratio, it is observed that the Gross profit ratio is
decreasing sharply without any valid reasons. As discussed above, the
assessee has inflated the purchases
turnover of the assessee during the year under consideration is 68.67 crores and in
immediately preceding year i.e., A.Y. 2016-17 the turnover ... During A.Y. 2017-18 cash sales of the assessee have decreased to Rs 30,29,35,660/- as
compared to cash sales
account on conjectures alone, purchases have been
doubted while assessee's turnover of Rs.11,64,308/- from its trading
operations in the business ... addition of Rs.
37,00,000/- the AO stated that there is decrease in cash sales as compared to
immediately preceding year
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