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Factor for 2011 -12 2008 - 09 to Increase / 2010-11 decrease in Net Profit Turnover net of Excise ... cost % over Turnover 13.64% 13.35% 0.29% Other Expenses 523,418,909 359,513,497 % over Turnover 17.72% 16.29% 1.43% Total decrease in Net Profit

concerned, the estimation of GP from the turnover, I find that the Managing Partner of the assessee-firm himself had explained that the sale price ... margin and thereafter, it is doubled, so as to enable them to decrease the price, so that even if the customer bargains his margin would

M/S Ceigall India Ltd., Ludhiana vs Acit, C-7, Ludhiana on 19 November, 2020