duce d). Due to e ffo rt of directo rs turnove r has increased
year after ye ar but net profit has de cline ... contro l on othe r
expenses in te rms of percentage of turnover. T he comparative ratio
of GP and N P is shown below
appellant .The
AO has claimed that there has been sharp decrease in the Net profit of the
business concern vis a vis previous year ... allowed accepted all the
expenses due which there has been sharp decrease in the net profit. AO
has accepted the Online Expenses and Rental expenses
Sunweta Steels Ltd
turnover has fallen down from 1.73 crore to 1.57 crore due to
recession in the steel industries and despite that the assessee ... various expenses and amongst them are the
professional fee expenses which was decreased from Rs. 30.71
lakh to Rs. 24.23 lakh. This includes the deduction
Rajkamal Builders Infrastructure ... vs Asstt. Commissioner Of Income ... on 13 May, 2022
आयकर अपील य
facie, erroneous. This is also
apparent as there has been a substantial decrease in salary and wages
during the year 2011-12 as compared ... delay in
Respondent amending delivery period were felt in
the reducing annual turnover profits of the
Claimant. If the method as suggested by the
Counsel
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आयकर
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vk;dj vihyh; vf
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