2022
A.Y. 2012-13 & 2013-14
10
sales turnover decreased to Rs.452.45 Cr in assessment year
2009-10, from that
2022
A.Y. 2012-13 & 2013-14
10
sales turnover decreased to Rs.452.45 Cr in assessment year
2009-10, from that
which decrease in turnover. The G.P. has
increased from 0.11% in AY 2012-13 to 0.13% in AY 2013-14.
4.2.9 The appellant ... compared to the preceding year. In the period
under consideration despite decrease in turnover, the G.P. has increased
compared to the preceding year
which decrease in turnover. The G.P. has
increased from 0.11% in AY 2012-13 to 0.13% in AY 2013-14.
4.2.9 The appellant ... compared to the preceding year. In the period
under consideration despite decrease in turnover, the G.P. has increased
compared to the preceding year
which decrease in turnover. The G.P. has
increased from 0.11% in AY 2012-13 to 0.13% in AY 2013-14.
4.2.9 The appellant ... compared to the preceding year. In the period
under consideration despite decrease in turnover, the G.P. has increased
compared to the preceding year
82Bang/2017
Page 19 of 28
expansion, the turnover increase/decrease should have been
compared with 3-4 preceding/succeeding years ... view of the
assessee's explanation of expansion, the turnover
increase/decrease should have been compared with 3-4
preceding/succeeding years.
The appellant
Assessing Officer the
assessee has not given any reply for decrease in turnover.
9
According to Assessing Officer perusal of documents raise
following important issues ... filed before the
Assessing Officer. It was particularly explained that turnover
11
has decreased because there was some family dispute and out
of two units
observed that though the cash sales as compared to
the turnover were decreased from ... this case
that the ratio of cash sales to the turnover has decreased from 6.2% to 5.87%
which means there was no increase in cash
fact that
the assessee has suppressed sale details by showing decreased
turnover.
[2] On the facts and in the circumstances of the case ... facts that assessee has
suppressed sales as well as by showing decreased turnover. We
observe from the records that case of the assessee was reopened
erred in ignoring the most vital facts to the effect that turnover
decreased drastically from 16.93 crores during FY 2015-16 to 6.28 crores during
