rate as applied by the CIT(A) at 5% of the turnover was
confirmed discarding the application of N.P. rate ... gross contract receipts invoking S.44Ad of the Act 'when the turnover
of the assessee had exceeded the Rs. 40 lakh limit prescribed
fixed assets, stating that
the ratio of such intangibles to its turnover is around 5% only, which is
not material enough for influencing the pricing ... performance of the company, contrary to
which, the profitability has only decreased in the F.Y 2009-10 as
compared
from its investments in developing the value of
a trademark from its turnover and market share where it has a long-term
contract of sole distribution ... additional
return from the owner of the trademark, perhaps through a decrease in the
purchase price of the product or a reduction in royalty rate
Acer India Pvt Ltd, Bengaluru vs Deputy Commissioner Of Income Tax, ... on 5 March, 2020
open market and not because the working capital cost increases or decreases the profit margin.
Hence we find no merit in this claim ... comparables are to be excluded.
(i) Infosys BPO Limited - where the turnover is Rs.1,312 Crores and has a global
brand value with
concerned, the
estimation of GP from the turnover, I find that the Managing
Partner of the assessee-firm himself had explained that the
sale price ... margin and thereafter, it
is doubled, so as to enable them to decrease the price, so that
even if the customer bargains his margin would
purpose of its business. The AO also noted that the turnover of
the assessee for the year under consideration had increased by about
6% only ... profit of the assessee for the year under
consideration was decreased to 1.27% as compared to 2.41%
declared in the preceding year. He accordingly treated
Steria India Ltd., Noida vs Addl.Cit, Speciaql Range-8, New Delhi on 28 September
M Model Global Services Pvt. Ltd., Navi ... vs Acit 15(2)(2), Mumbai on 15
Smt. Sudha Eashwar,, Chennai vs Ito, Ncw - 14 (3),, Chennai on 2 January, 2020
आयकर
