Maksons Finechem Pvt.Ltd.,, Bharuch vs Department Of Income Tax
IN THE INCOME TAX APPELLATE
The Acit, Central Circle-2(4),, ... vs M/S. Anand Infrastructure Pvt. Ltd.,, ... on 20
metre of cloth has decreased in
the current year as compared to that of earlier year without there being
corresponding decrease in the average cost ... preceding year. He
accordingly worked out G.P. @ 22.37% on the total turnover of
Rs.14,04,06,167/- and accordingly added
Alok Wires, Surat vs Assessee on 12 July, 2012
IN THE INCOME TAX APPELLATE TRIBUNAL
instead of increase
in the expenses, there should be decrease in the expenses. The assessee's
explanation was as under:
"Your honour ... sales were of
the order of Rs.73.47 lakhs, the turnover during the year has increased more
than 50% as compared to last year
Hylam Securities & Finance Pvt.Ltd.,, ... vs Department Of Income Tax on 17 March, 2008
Prakashbhai Prahladbhai Gami, vs Assessee on 16 July, 2008
IN THE INCOME TAX APPELLATE TRIBUNAL
Nemson Texturisers, Surat vs Department Of Income Tax
IN THE INCOME TAX APPELLATE TRIBUNAL
'
business of
import, export and manufacturing of diamond. The assessee's turnover declared
during the course of year under consideration ... consumption has increased by 6% whereas manufacturing activity
of rough diamond has decreased by 74%. This has been further supported by
the fact that during
Uttamchand Nemichand , Ahmedabad vs Assessee on 7 October, 2011
IN THE INCOME TAX APPELLATE TRIBUNAL