Aradhana Industries Pvt.Ltd.,, Surat vs Department Of Income Tax
IN THE INCOME TAX APPELLATE
relevant to assessment year 2006-07 are as under :
Asstt. Year Total Turnover Gross Profit G.P.Rate ... Power charges rates.
(c) Repairs of Factory premises.
3
(iii) The decrease in G.P. rate stands explained as above."
3.2 The AO enquired
Maksons Finechem Pvt.Ltd.,, Bharuch vs Department Of Income Tax
IN THE INCOME TAX APPELLATE
Nemson Texturisers, Surat vs Department Of Income Tax
IN THE INCOME TAX APPELLATE TRIBUNAL
'
Jamnadas Morarjee Sec.Ltd., Mumbai vs Assessee
IN THE INCOME TAX APPELLATE TRIBUNAL
MUMBAI BENCH
filed on
30.9.2008 declaring an income of `.2,76,245/- on a turnover of
`.3.05,16,751/- . The GP rate has been shown ... being
purchases reflected by the above TCS certificates) and therefore had
decreased GP to that extent. In reply, the assessee submitted that list
business of
import, export and manufacturing of diamond. The assessee's turnover declared
during the course of year under consideration ... consumption has increased by 6% whereas manufacturing activity
of rough diamond has decreased by 74%. This has been further supported by
the fact that during
Sheetal Internaiotnal, Mumbai vs Department Of Income Tax
IN THE INCOME TAX APPELLATE TRIBUNAL
MUMBAI
Erawat Phorma Ltd., Indore vs Assessee
1
IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH