Bhikhabhai Rajabhai Dhameliya, Surat vs Department Of Income Tax on 17 June, 2009
earlier year. Further, the labour charges as a
percentage of turnover have also decreased to 87.87% in the current
year as compared
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241 - 250 of 1530 (0.63 seconds)Muon Computing P.Ltd, New Delhi vs Ito, Ward-17(2), New Delhi on 4 August, 2021
turnover was abnormally high for the year under
consideration, sharp decrease in the turnover for F.Y. 2016-17 and also
sharp increase
Kishore George, Kanyakumari vs Acit, Circle-1, Madurai on 17 November, 2020
allowed. He
further stated that there is a decrease in the production and turnover
and therefore the Assessee by taking training had no business
benefit
Dcit, New Delhi vs M/S. G4S Facility Services (India) Pvt. ... on 3 October, 2017
paid as lumpsum, therefore the same can
increase or decrease on the basis of turnover.
5
6.3 I find that various decisions relied
Vogue Fabrics , Panipat vs Department Of Income Tax
wages to cover the discrepancies. He observed that the turnover of the assessee
had decreased from 20.19 crores to Rs.6.95 crores
Baid Narrow Fab.Pvt.Ltd.,, Surat vs Department Of Income Tax
there was increase in manufacturing expenses by
1.92% whereas there was a decrease of cost of goods sold by 1.41%
and thus there ... this year and production of last year but the turnover has
been decreased substantially which has been stated because of fall in
selling rate
Symphony Comfort Systems Limited, ... vs Department Of Income Tax
During the assessment proceedings the AO found that the
turnover of the assessee has decreased as compared to the
preceding year, however, indirect expenses were ... found that expenses
incurred in the preceding assessment year were 2.89% on turnover
but in the assessment year under appeal
Suryanarayan Silk Mills Pvt.Ltd.,, ... vs Assessee
total turnover of Rs.6,15,15,472/-. The
Assessing Officer produced following chart for comparison:-
Year Turnover Gross Profit G.P. margin ... consumption was at Rs.85,89,851/-. Total turnover on the
other hand had decreased. The AO required the assessee to give details
Dcit, New Delhi vs M/S. Kl Concast Pvt. Ltd., Delhi on 7 June, 2018
such a
payment as excessive in view of decrease in the ratio of net profit to turnover.
He restricted the deduction to the amount
Rameshwar Prasad Shishir Kumar vs Collector Of Central Excise on 18 March, 1987
been inferred by the original authority that there was decreasing trend in turnover of gold in respect of the existing gold dealers. The data clearly