view the fact that
the expenditure has doubled, however, the turnover has decreased, the
Assessing Officer made disallowance of 5% on this amount being ... 2013
charges has doubled and the turnover has decreased, is factually incorrect.
In the assessment year 2008-09, these expenses were debited under two
heads
furnish any justification of these
expenses whereas the turnover of the assessee had decreased in comparison to
the last year. The AR during arguments before ... obstructed for a long
time, therefore, there was a decrease in the turnover of the assessee in
comparison to the previous year and the cause
ratio of the assessee was decreasing due to steep increase in the labour
charges and increase in the turnover, and the AO applied ... case it is noticed that the
turnover of the assessee was increasing year after year but there was decrease in
the net profit rate consistently
domestic market and
substantial underutilization of existing capacity. However, the loss has
decreased during the year due to improvement in the capacity utilization.
Wrigley India ... Based on the information made available to us, we understand
that the turnover achieved by Wrigley India for the current financial year is
still below
Motorola Solutions India Pvt. Ltd., ... vs Assessee on 14 August, 2014
IN THE INCOME TAX
Yamaha Motor India Pvt. Ltd., New Delhi vs Assessee on 29 October, 2014
IN THE
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Yamaha Motor India Pvt. Ltd., New Delhi vs Department Of Income Tax on 24 June
