account
of alleged reduction in net profit inspite of substantial
decreased turnover by invoking the provisions
Pratik Agarwal Beneficiary Trust , ... vs Acit, C.C.-3(1), , Kolkata on 14 July, 2023
Normura Research Institure Financial ... vs Acit,Circle-2(2), Kol, Kolkata on 9 February, 2023
sale gradually, but the profit
ratio against the said sale comes gradual decreased. During the survey
action, the statement of the assessee was recorded ... noted that
the assessee for the year under consideration has shown gross turnover
of Rs.5,92,33,435/- and gross profit/turnover ratio