required to file monthly, quarterly or
annual returns of his turnover. It is the choice of a dealer to opt for compounded
payment ... contract under a scheme, in which the State
Government can increase or decrease the rate of compounding of tax. It is an
invitation to offer
fail. The petitioners projected their case as if that 3% of the turnover of the concerned shop is fixed as the licence fee for every ... careful reading of the tender conditions, it is clear that the turnover for the month of October, 2017 is being taken for consideration for calculating
fail. The petitioners projected their case as if that 3% of the turnover of the concerned shop is fixed as the licence fee for every ... careful reading of the tender conditions, it is clear that the turnover for the month of October, 2017 is being taken for consideration for calculating
exempt
unit, on assumptions and surmises by referring to difference in turnover,
expenses and net profit rate of exempt and non-exempt units. This cannot ... book results cannot be rejected only on the
ground of decrease or difference in gross profit rate compared to other years
or another assessee. Neither
DPIL had projected
turnover of Rs.2197.60 Crores for the year 2012 whereas
the actual turnover was Rs.1267.60 Crores only ... achieved a turnover of
Rs.1740.38 Crores as on 31.03.2012, which was less by
Rs.457.22 Crores from the projected turnover figure
DPIL had projected
turnover of Rs.2197.60 Crores for the year 2012 whereas
the actual turnover was Rs.1267.60 Crores only ... achieved a turnover of
Rs.1740.38 Crores as on 31.03.2012, which was less by
Rs.457.22 Crores from the projected turnover figure
meet with any
success. DRP noted that though there was a
57% decrease in the sales of the assessee
when compared with its sales ... strongly
assailing the orders of authorities below
submitted that its turnover had fell from
Rs.36.51 crores to 15.7 crores when
Date of Judgment
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
turnover to the total turnover. In other words, what Sub-section (3) says is that if export turnover constitutes 30 per cent of total turnover ... ratio which the turnover of exports bears to the total turnover. Consequently, it follows that if the export turnover does not have the elements
subject to the payments
being received on time. Thus, expecting average turnover of Rs. 4 Crores is
highly improbable, particularly when the MCD itself does ... reason that a particular NGO is being asked to show a
turnover/solvency of Rs.4 Crores which may be allocated students to the
extent
