correct that
there is large increase in such investment. Such investment have decreased as
compared to preceding years and comparative details of such investment ... particularly for Road and Bridges for
Government and semi government bodies. Our turnover have considerably declined
during the year under assessment as compared to earlier
Chny/2022
formation and further, alleges that there is decrease in the production of
"Young Athlete" model of Footwear ... Nike Sportswear was largely produced in LU1, and
accordingly, the turnover of LU1 has increased on yearly basis even after the
formation
Chny/2022
formation and further, alleges that there is decrease in the production of
"Young Athlete" model of Footwear ... Nike Sportswear was largely produced in LU1, and
accordingly, the turnover of LU1 has increased on yearly basis even after the
formation
Chny/2022
formation and further, alleges that there is decrease in the production of
"Young Athlete" model of Footwear ... Nike Sportswear was largely produced in LU1, and
accordingly, the turnover of LU1 has increased on yearly basis even after the
formation
show cause notice dated 16.09.2022 specifically questioning the
yield of jeera, the decrease in landholding, and the increase in
agricultural income. After considering these details ... type of crop produced, (iii) total quantity of crop
produced, (iv) turnover, and (v) the agricultural market in which
the produce was sold. On this
large cash deposits during demonetization period
and abnormal increase in sales with decreased profitability. From
perusal of records, it is also observed that appellant deposited ... during the year under consideration. Though
turnover increased during the year but it is also noticed that profit
was also increased for the year under
thereby rejecting companies having a turnover lower than INR 11.69
crores as well as companies having a turnover greater than INR
1,169.4 crores ... export turnover filter of 25% applied by the
Appellant to 75%, thereby rejecting the companies having an export
turnover to operating turnover ratio of lesser
turnover of the assessee during the year under
consideration is 46.48 crores and in immediately
preceding year i.e., A.Y. 2016-17 the turnover ... During A.Y. 2017-18 cash sales of the assessee have
decreased to Rs.4,90,69,680/- as compared to cash sales
were under Malkajgiri
District.
The appellant in the impugned FY had sales turnover of Rs.
17,88,90,913/- on which he had declared ... current impugned
assessment year, the net profit was deliberately decreased for the sake
of increasing profit by claiming various bogus expenses such as higher
amount
Hospital shifted full time to Sehgal Path Lab
leading to increase in turnover as under:
F.Y. Total Turn over Cash deposited in
Bank ... pointed out that % age of cash receipts to total receipts
has infact decreased as compared to earlier years as can be seen from
the following
