showing its turnover
almost static which is evident from the chart given below:
ITA No.1131/Ahd/2011-2
3
A.Y. Turnover ... substantiating documents. It is further seen that, even
though the turnover has decreased as compared to immediately preceding
assessment year, i.e. A.Y.2006
material price and decrease in sale price due to tough competition.
Further, he submitted that looking to the volume of turnover, the activity
of ready ... Profit was due to increase in the cost of raw-
material and decrease in sale realization. We find that the AO did not
give
Learned AR
has also argued that due to substantial increase in turnover there was
a slight deduction in the profit margin which was offered ... both the sides, we are also of
the view that the marginal decrease in the gross profit ratio was
properly explained by the assessee; hence
expenses for wages and salaries
have increased in Unit-I but decreased in Unit-II though the process of
manufacturing according to him was almost ... taxable profits. He
accordingly re-allocated the expenses in proportion of turnover and re-
worked the net profits from Unit-I and Unit-II. Aggrieved
Nitrochem India Pvt. Ltd.,, Baroda vs Assessee on 16 January, 2015
आयकर अपील य अ
account of GP addition. The ld. DR submitted that
assessee is having turnover of Rs.1,88,02,279/- during the year
under appeal ... submitted that as the GP rate shown by the
assessee has drastically decreased from 15.15% to 10.10% it was
necessary for the Assessing Officer
Anjalee Exim Pvt.Ltd., Ahmedabad vs Assessee on 29 September, 2015
I.T.A. No
Ashokkumar H.Kothari, Surat vs Assessee on 16 January, 2015
आयकर अपीलीय अिधकरण,
अिधकरण, अहमदाबाद
Ambuja Ginning Pressing & Oil Co.Ltd.,, ... vs Assessee on 3 July, 2015
IN THE
