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
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
Commissioner Of Income Tax vs M/S Kelvinator Of India Ltd. on 19 January, 2015
M/S Novell Software Development ... vs Department Of Income Tax on 13 February, 2015
IN
Ambuja Ginning Pressing & Oil Co.Ltd.,, ... vs Assessee on 3 July, 2015
IN THE
