result Rs.65,04,574/- was paid. This has resulted in decrease in net
profit rate before depreciation and interest by 0.67%.
(ii) Rate ... both the parties and perused
the relevant material on record. The total turnover of assessee during the year
was more than 96 crores, on which
M/S. Abhishek Transtel Ltd.,, ... vs Assessee on 20 June, 2014
IN THE INCOME TAX
involved in the forward contract (FC) is more than 100% of the turnover of the
assessee,that FC were not relatable to specific bills,that ... foreign exchange, if the spot price of rupee against foreign exchange increases/ decreases then
the assessee may make profits or suffer losses
M/S Abhishek Transtel Limited,, ... vs Assessee on 20 June, 2014
IN THE INCOME TAX
were disallowed. This year, it was found that although increase in
turnover was only 13.75% of the base year 2004-05, corresponding increase in
expenses ... crores compared to previous year as there was decrease in the rate of interest
when compared to previous year. The Ld. AR also submitted that
compared the turnover
in terms of rupees and not in terms of quantity. If the turnover is
ITA No.615/Ahd/2010 (By Assessee ... whereas the job receipt per meter has
decreased in the current year to Rs.39.16 per meter from Rs.42.80 per
meter
Capgemini India P.Ltd, Mumbai vs Assessee on 21 November, 2014
1
Capgemini India Private
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IN
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