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
turnover after rejecting the book results. He further held that there was enough
justification for enhancing the net profit from 0.46% to 2.5% on turnover ... year under consideration, the turnover for the last 2-3 year was more
or less same as the turnover for the year under consideration
decreased expenses of STP unit and increased
expenses of non-STP unit. The AO proceeded by allocating the expenses
on the basis of turnover
Inventurus Knowledge Services P.Ltd, ... vs Assessee on 21 October, 2015
आयकर अपील य अ
facts of the case,
it is seen that out of total turnover of 31.22 crores, the export sales is at
31.20 crores. Thus, the major ... years. The
assessee's case was that, same was due to decrease in sales realization
due to devaluation of foreign exchange along with increased