excluding export turnover amounting to
Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of
the appellant while calculating ... facts while confirming the
decision of assessing officer for decreasing profits exempted under section 10B of
the EOU's in as much
sale of
licensed products and was directly linked with the amount of
turnover.
29. Before us, Ld. Counsel relied upon catena of judgment wherein
similar ... would determine the extent of royalty to be paid and it
would decrease or increase every year depending upon the
decrease or increase
thus made. The
ld. CIT(A) decreased the net profit to 3%, reducing the addition to Rs.3,45,230/-.
The assessee is in appeal ... page 4 of the impugned order, is as under:
A.Y. Turnover NP Rate
B. Sailesh Saxena vs The Union Of India And Others on 4 June, 2018
Bench
showing net profit & turnover.
Refer Annexure-1
"
3. It is not disputed and challenged that the respondent-assessee was engaged
in supplying computer ... assessment order
states that there was exponential increase in the turnover from Rs.34.36 crore in
the last year to Rs.53.43 crore
excluding export turnover amounting to
Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of
the appellant while calculating ... facts while confirming the
decision of assessing officer for decreasing profits exempted under section 10B of
the EOU's in as much
segment of the assessee was enhanced by about
127% whereas the overall turnover in manufacturing segment
had gone down by 50%. It was further submitted ... assessee incurred substantial losses due to
lower capacity utilization and a substantial decrease in its Sales.
26 ITA no. 1790, 1201/Del/2014
excluding export turnover amounting to
Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of
the appellant while calculating ... facts while confirming the
decision of assessing officer for decreasing profits exempted under section 10B of
the EOU's in as much
excluding export turnover amounting to
Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of
the appellant while calculating ... facts while confirming the
decision of assessing officer for decreasing profits exempted under section 10B of
the EOU's in as much
fall by 1.89%. The AO disallowed 0.50%
decrease in gross profit ratio of sales accordingly a disallowance of Rs.
29,65,305/- was made ... Workshop (Net) 3011895 4073408 3779046
Incentive (Net) 3496887 5527666 5167690
Turnover (A) 494087805 361680522 602007751
Gross Profit (C) 7739549 15484843 14362690
GP Ratio
