assessment order is as under:
4. Deduction u/ s 10B
4.1. Export Turnover:
The export realization details furnished by the assessee shows that
the realized ... decrease in exchange fluctuation on the bill amount is only a
subsequent accrual after the completion of the transaction. The
increase/decrease in exchange fluctuation
Chny/2022
formation and further, alleges that there is decrease in the production of
"Young Athlete" model of Footwear ... Nike Sportswear was largely produced in LU1, and
accordingly, the turnover of LU1 has increased on yearly basis even after the
formation
Chny/2022
formation and further, alleges that there is decrease in the production of
"Young Athlete" model of Footwear ... Nike Sportswear was largely produced in LU1, and
accordingly, the turnover of LU1 has increased on yearly basis even after the
formation
Chny/2022
formation and further, alleges that there is decrease in the production of
"Young Athlete" model of Footwear ... Nike Sportswear was largely produced in LU1, and
accordingly, the turnover of LU1 has increased on yearly basis even after the
formation
fluctuation arising at that time will have any relevance to the turnover
reported for the previous year in which the sale took place ... should be the value
recorded in the books and any increase or decrease in exchange
fluctuation on the bill amount is only a subsequent event
that time will have any relevance to the turnover reported for the previous
year in which the sale took place or not is the puzzle ... should be
the value recorded in the books and any increase or decrease in exchange
fluctuation on the bill amount is only a subsequent event
fluctuation arising 'at that time will have any relevance to the
turnover reported for the previous year in which the sale took
place ... value' recorded in the
books and any increase or decrease in exchange fluctuation on the
bill amount is only a subsequent event after
fluctuation arising 'at that time will have any relevance to the
turnover reported for the previous year in which the sale took
place ... value' recorded in the
books and any increase or decrease in exchange fluctuation on the
bill amount is only a subsequent event after
while estimating the turnover of the assessee.
4) The learned CIT (Appeals) failed to note that the assessing officer
estimated the turnover of the assessee ... order of
the Honourable Tribunal for the earlier years while estimating the
turnover of the assessee.(copy enclosed)
6) The learned CIT (Appeals) failed
being reported under TN VAT. Subject to the
assessee thus exhibiting the turnover of . 87.48 lacs as scrap sales, i.e., as a
component ... difference - to that
extent, where not reduced, similarly, from the turnover in the VAT return/s.
After all, the return of goods would only
