will
indicate that the company has been consistently growing in
terms of turnover as well as the profit margins. The earnings
before the interest ... immediately preceding year. Further, the staff expenses have
only marginally decreased from 8.45% to 8.14% of the total
cost as compared to the earlier year
shown gross profit of Rs. 30,79,39,271/- on a total
turnover of Rs. 88,26,50,481/- which comes ... year, the assessee
has shown gross profit of Rs. 39.88% on total turnover of Rs.
36,49,45,351/-. The A.O. found that there
which are reproduced as under.
Asstt. Year Turnover Gross Profit G.P. Rate N.P. Rate ... been reproduced b) the AO as under:-
Saharanpur Head Office:
Asstt. Year Turnover Gross Profit G.P. Rate N.P. Rate
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