falling drastically thereafter.
Meaning thereby, persons visiting Mumbai and lodging in hotels
decreased. With reference to occupancy in 5 star hotels such as Grand
Hyatt ... Renaissance, Inter
Continental Grand and Taj Lands End, he brought out the decrease in
occupancy; and hence the revenue. With reference to the balance sheet
showing net profit & turnover.
Refer Annexure-1
"
3. It is not disputed and challenged that the respondent-assessee was engaged
in supplying computer ... assessment order
states that there was exponential increase in the turnover from Rs.34.36 crore in
the last year to Rs.53.43 crore
year 1969-70. He, therefore, thought it fair and reasonable if the turnover as declared by the dealer for the year 1969-70 was enhanced ... turnover of the preceding year 1968-69. He accordingly set aside the order of Shri Mittal dated October 30, 1973 and enhanced the turnover returned
dated 30.06.2023,
the Central Government partially amended the impugned Trade Notice
by decreasing the minimum threshold quantity to be allocated to 2000
MT instead ... recognized as a four-star export house and has a
total turnover of more than ₹3,500 crores out of which ₹1,300 crores
relates
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
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
reproduced below:
"Rate of gross profit earned on the turnover during the
financial year immediately before the date of loss
destruction or damage ... months prior to the loss the
GPR was 19.35%. By considering the turnover of six months of the
FY 2017-18 of the new unit
from
sales assessment. As per Para 12.1 of Catering Policy 2017,
sales turnover would be based on the following factors (i)
category of station ... into the calculation for
sales assessment. Passenger footfall has direct relation to
decrease in number of trains and traffic volume, therefore is
identified
Raghunandan Saran Ashok Saran (Huf) vs Union Of India And Ors. on 18 January, 2002
Sony Ericsson Mobile Communications ... vs Commissioner Of Income Tax ??? Iii on 16 March, 2015
Author