same is rejected by rejecting the explanation of the assessee for decrease in the gross profit rate disclosed in the books of account, has made ... adopting a higher gross profit rate on the turnover disclosed by the assessee. The Commissioner of Income-tax (Appeals) accepted the explanation furnished
conceded turnover of Indian-made foreign liquor and the third is the addition of 10 per cent to the purchase turnover of chicken, All these ... addition can be made only to the taxable turnover and not to the total turnover. Another contention was that the meat is exempted
rule (5-A) of Rule 17, only those assessees whose turnover exceeds Rs. 40 lakhs and above have to submit audit certificate from the Chartered ... APGST Act and the CST Act , whereas for any assessee whose turnover is below Rs. 40 lakhs, his or its account can be audited even
same is rejected by rejecting the explanation of the assessee for decrease in the gross profit rate disclosed in the books of account, has made ... adopting a higher gross profit rate on the turnover disclosed by the assessee. The Commissioner (Appeals) accepted the explanation furnished by the assessee
Sterlite Industries (India) Ltd. vs Securities And Exchange Board Of India on 22 October, 2001
United Phosphorus Limited vs Joint Cit on 22 May, 2001
Equivalent citations: (2001)73TTJ(AHD
Reliance Industrial Infrastructure ... vs Joint Commissioner Of Income Tax on 4 June, 2001
ORDER
J
Reliance Industrial Infrastructure ... vs Jt. Cit on 4 June, 2001
Equivalent citations: (2002)75TTJ(MUMBAI
Mukand Ltd. vs Mukand Staff And Officers Association on 26 April, 2001
Equivalent citations: [2001
Grasim Industries Ltd. vs Commissioner, Commercial Taxes on 4 April, 2001
Equivalent citations: [2002]125STC35
