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Ess Ismail Merchant, Mumbai vs Jt Cit 13(3), Mumbai on 21 February, 2018 IN

especially when assessee did not have any turnover. 2. On the f acts and in the circumstances of the case ... taking cognizance of the fact that salary was increased abnormally only to decrease the tax liability on account of income of Rs.2.5 crores

Asst Cit Cir 6(1)(2), Mumbai vs Ask Investment Managers P.Ltd, Mumbai on

Acit Cir. 6 (3) (2), Mumbai vs Kamani Oil Industries P. Ltd., Mumbai on 10

Dialogic Networks (I) P.Ld, Pune vs Asst Cit Cir 3(3), Mumbai on 27

Mumbai (Rs. 2,50,80,000/-)the AO stated that the turnover and profit before tax and earnings per share of Aiken Management and Financial ... regards the submission of the AO the said company has shown a decrease in Investment though it claims to make an Investment with

Thus, profit is based on increase or decrease in depreciation or other factors like cost of material, operating expenses, marketing expenses. It is relevant ... Assessing Officer that during the year there is no increase in turnover whereas it can be seenfrom the 25 I.T.A. No. 4535

Dcit Cc 4(3) Cen Rg 4, Mumbai vs Setron Exports, Mumbai on 12 December

Ito 2(3)(2), Mumbai vs Ssj Commodities P. Ltd, Mumbai on 27 November, 2018

Daga Global Chemicals Ltd, Mumbai vs Deputy Commissioner Of Income ... on 2 May, 2018 IN