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products, even the sale price decreased in comparison to the preceding year. Moreover, the appellant's turnover increased from 11.60 crores

assessee also filed the comparative statement showing increase / decrease in gross profit / loss and percentage increase / decrease in gross profit / loss ... term of percentage of expenditure and turnover. The learned Counsel for the assessee stated in the relevant year the percentage of expenditure is at minus

Acit, New Delhi vs Sh. Ashok Mittal, New Delhi on 30 October, 2017 IN THE

fail. The petitioners projected their case as if that 3% of the turnover of the concerned shop is fixed as the licence fee for every ... careful reading of the tender conditions, it is clear that the turnover for the month of October, 2017 is being taken for consideration for calculating

labour expenses claimed were of Rs.23.35 crores against the total turnover of Rs.1.01 crores. However, during the year under appeal ... total turnover of Rs.2.19 crores therefore, the Ld. CIT(A) was of the view that use of machine was higher which decreased

sales rate of the assessee was higher which resulted to substantial decrease in sales of the assessee in AY 2009-10. When the assessee lower ... Jaipur wherein the GP of this firm 15.30% on declared turnover of Rs. 11,77,70,683/- was accepted. The copy of assessment order

assessment order is as under: 4. Deduction u/ s 10B 4.1. Export Turnover: The export realization details furnished by the assessee shows that the realized ... decrease in exchange fluctuation on the bill amount is only a subsequent accrual after the completion of the transaction. The increase/decrease in exchange fluctuation

operating margins of Access India Advisors Ltd. and there was short decrease in margins for the succeeding years, which established that the assessment year ... assessee that in the succeeding years, the margins have decreased i.e. in assessment year 2009-10, it was 6.62% and in assessment year

rejecting the books of accounts and estimating the profits at 15% of turnover are as under: 2 ITA No. 1221/H/16 RK Township Promoters ... immediate previous year even though there was decrease in sales during the year. The assessee did not produce any supporting evidence, did not file details

2015 A.Y.2010 -11 September, 2009. After demerger, turnover of the company has increased from Rs.1562 milions in the immediately preceding Financial Year ... Financial Year 2009-10. Whereas, gross profit before depreciation and interest has decreased from Rs.389.83 milions in the immediately preceding Financial Year