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Bessar Diamond Mfg. Co.Pvt.Ltd.,, ... vs Assessee IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD

Magnanimous Infrastructure Pvt. Ltd, ... vs Ito, Circle-2(1)(2), Ahmedabad on 15 September, 2021

from Rs. 1,96,057/- to Rs. 5,75,513/-. 3. Refund decrease from Rs. 3,86,943/- to Rs.7,487/- (after considering ... assessee had borrowed funds for its share trading activities. He had substantial turnover in derivative segment and throughout the year funds were used for derivative

M/S. Kasturbhai Motilal & Bros, ... vs The Income Tax Officer,Ward-11(4),, ... on

Ambuja Ginning Pressing & Oil Co.Ltd.,, ... vs Assessee on 3 July, 2015 IN THE

New Gujarat Polyplast Pvt.Ltd.,, Surat vs Assessee on 4 April, 2016 IN THE INCOME

works on low margins, resulting in decrease of gross profit percentage. However, it does not explain the decrease in gross profit from ... cement from the current year which has resulted in increase in Turnover. However the margin in cement business was very low as compared to other

Aradhana Industries Pvt.Ltd.,, Surat vs Department Of Income Tax IN THE INCOME TAX APPELLATE

Source of information: Schedule BP and Part-B: Total income) ii) Higher turnover reported in Service Tax Return as compared to Income-tax Return ... form No,37QB) as compared_ to total income, vi) Mismatch in sales turnover reported in audit report and Income-tax return." 3.1 After

assessee in the year under consideration despite the fact that the turnover of it (the assessee) has gone many folds high. Furthermore, the assessee ... government policies, monsoon, market competition, increase in the purchase cost and decrease in the sales value. As such, the assessee has maintained the books