same is as under:
1. Turnover of sales during F.Y. 2016-17 of the first three
month was decreased due to strike by jewelers ... there
is increase in total turnover by Rs. 23.04 Cr (increased by
39%) and out of the total turnover
rate
was prejudicially decrease in the present year but
the turnover has increased and therefore, the same
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during the last year last year as % decrease vis-
year year as % of of turnover à-vis last year
turnover
12. And the assessee
turnover, gross profit
& its % for three previous years along with reasons
for fall/fluctuation in GP/ GP Rate, including
justification for increase/ decrease ... Return filed with
VAT Deptt. If there is any difference in the turnover VAT Return for Sales filed 491-591
reported
Large cash deposit during demonetization and
abnormal increase in sales with decrease in profitability compared
to preceding previous years". Accordingly statutory notices ... course of the assessment proceedings, the
Assessing Officer noted that the turnover of the assessee for the
year is 26,22,34,894/-. The assessee
time
and none was revised for the purpose of revising the
turnover. The assessee firm was registered with the Delhi
VAT department. The cash sales ... inseparable.
Every purchase had increased the stock and every sale
had decreased the stock. It is also to be notes here that
during
Neha Jewellers Pvt. Ltd., New Delhi vs Acit, Central Circle-6, New Delhi on 9
Synergy India, Ludhiana vs Pr. Cit-1, Ludhiana on 23 May, 2023
आयकर अपील य
