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this A.Y. he has shown the GP of 12.57% on decreased turnover of Rs. 39,45,037/-. It is a generally accepted principle that

rate chart submitted by the appellant, it is seen that the turnover has decreased from Rs. 3,53,30,516/- in the immediately preceding assessment ... merely using her estimations and observing that since the turnover has decreased the profit was required to be increased. He also submitted that

financial year. During A.Y. 2008-09, the assessee himself has turnover of Rs. 9,57,56,350/- and paid a commission ... turnover of Rs. 8,91,83,854/- commission of Rs. 67,82,463/- had been paid, therefore, while the turnover was decreasing year to year

showing its turnover almost static which is evident from the chart given below: ITA No.1131/Ahd/2011-2 3 A.Y. Turnover ... substantiating documents. It is further seen that, even though the turnover has decreased as compared to immediately preceding assessment year, i.e. A.Y.2006

certificate of the machinery was provided to the AO. There was decrease in turnover from 2.19 crores to 1. 48 crores which further suggested that

material price and decrease in sale price due to tough competition. Further, he submitted that looking to the volume of turnover, the activity of ready ... Profit was due to increase in the cost of raw- material and decrease in sale realization. We find that the AO did not give

nature which is that when the decrease in production level does not immediately reflect corresponding decrease in the sales due to peculiar nature ... losses are there but are not reflected in decrease in sales or turnover, the alternative basis which is output method is adopted to arrive

that the said amount also included sums forming part of the turnover on account of providing accommodation entries. Now, that radically changed the complexion ... determined the commission to be 1.5% on the said total turnover; the ITAT decreased it. Nonetheless, the important fact is that the determination

assessee was not including the sale proceeds of scrap in the total turnover but was showing the same separately in the profit and loss account ... that if the total turnover increases, the advantage which the assessee would get under section 80HHC would decrease because the amount deductible substantially depends upon

assessee was not including the sale proceeds of scrap in the total turnover but was showing the same separately in the profit and loss account ... that if the total turnover increases, the advantage which the assessee would get under section 80HHC would decrease because the amount deductible substantially depends upon