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decreased from 22.60% of the immediately preceding assessment year to 14.39% during the relevant period, and the AO has added only 2% of the turnover

increase in prices of raw material, increase in the cost of manufacturing, decrease in sale price etc. He has cited a number of decisions ... coke by declaring the GP rate of 16.83% on increased sales turnover of Rs.481 lakhs as against the GP rate of 9.43% on sales

Jawahar B. Purohit, Mumbai vs Asst Cit Cen Cir 22Xc, Mumbai on 20 September, 2017

Aztec Software And Technology Service ... vs Acit on 12 July, 2007 Equivalent citations: [2007]107ITD141

Mahadeva Upendra Sinai Etc. Etc vs Union Of India & Ors on 7 November, 1974

Bg Exploration & Production India Ltd., ... vs Jcit, Dehradun on 24 April, 2017 B G

Sony Ericsson Mobile Communications ... vs Commissioner Of Income Tax ??? Iii on 16 March, 2015 Author

Li And Fung India Pvt. Ltd. vs Commissioner Of Income Tax on 16 December, 2013

Income Sales- 7,31,328.54 Operational income- 6,85,385.75 Stock (increase/decrease) NIL 14,1,6,714.29 Expenses Purchases- 15,00,000.00 Administrative expenses ... mths. 12 mths. 12 mths. 12 mths Income Sales turnover 1.10 2.91 2.40 0.25 0.00 Net sales 1.10 2.91 2.40 0.25 0.00 Other income

learned Authorized Representative for the assessee pointed out that there was decrease in inventories in the case of E-Infochips Ltd. establishing the contention ... Assessing Officer / TPO had selected the companies with export filter of 75% turnover, then the concern E- 11 ITA No.46/PUN/2013 MSC Software