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Acit, New Delhi vs Sh. Ashok Mittal, New Delhi on 30 October, 2017 IN THE

labour expenses claimed were of Rs.23.35 crores against the total turnover of Rs.1.01 crores. However, during the year under appeal ... total turnover of Rs.2.19 crores therefore, the Ld. CIT(A) was of the view that use of machine was higher which decreased

sales rate of the assessee was higher which resulted to substantial decrease in sales of the assessee in AY 2009-10. When the assessee lower ... Jaipur wherein the GP of this firm 15.30% on declared turnover of Rs. 11,77,70,683/- was accepted. The copy of assessment order

assessment order is as under: 4. Deduction u/ s 10B 4.1. Export Turnover: The export realization details furnished by the assessee shows that the realized ... decrease in exchange fluctuation on the bill amount is only a subsequent accrual after the completion of the transaction. The increase/decrease in exchange fluctuation

operating margins of Access India Advisors Ltd. and there was short decrease in margins for the succeeding years, which established that the assessment year ... assessee that in the succeeding years, the margins have decreased i.e. in assessment year 2009-10, it was 6.62% and in assessment year

rejecting the books of accounts and estimating the profits at 15% of turnover are as under: 2 ITA No. 1221/H/16 RK Township Promoters ... immediate previous year even though there was decrease in sales during the year. The assessee did not produce any supporting evidence, did not file details

2015 A.Y.2010 -11 September, 2009. After demerger, turnover of the company has increased from Rs.1562 milions in the immediately preceding Financial Year ... Financial Year 2009-10. Whereas, gross profit before depreciation and interest has decreased from Rs.389.83 milions in the immediately preceding Financial Year

rate declared by the assessee was 9.72% when the turnover was increased substantially to Rs. 123 crores. The NP rate declared by the assessee ... Thereafter the net profit again was decreased by about 16% to 0.52% in A.Y. 2009-10 while the same was increased substantially by about

assessment year under consideration though there was an increase in the turnover but the gross profit had declined substantially which was accepted ... assessment proceedings without inquiring into the factors which could have impacted the decrease on the rate of gross profit and net profit as compared

Company, Jhunjhunu Comparative % of Contract Expenses Financial Year Turnover Contract % of contract Expenses expense as to turnover ... percentage of such expenses as proportion to the total receipt has decreased from 89.95% to 89.25%. However, keeping in view the fact that the books