justification of increase in this expense was found
acceptable while the turnover was decreased.
21.2 Submission made by Ld. Counsel for the assessee ... expenses incurred by the assessee
during the year even though the turnover has
decreased, but the increase in price is beyond the
23
Anant Steel
which is slightly decreased
from previous year net profit of Rs. 5,14,19,208/- on total turnover of Rs.
89,71,37,753/- showing
Sulzer Pumps India Ltd, Navi Mumbai vs Dcit 15(3)(2), Mumbai on 23 March
Infor (India) Private Limited , ... vs Deputy Commissioner Of Income Tax ... on 6 October, 2021
IN
Francois Compressor India Pvt.Ltd,, ... vs Deputy Commissioner Of Income-Tax, ... on 18 August, 2021
Assessing Officer explaining the increase of
foreign exchange loss and decrease in net profit. Even though there is huge
loss shown by the assessee ... increase in profit (excluding
forex loss) vis-à-vis increase in turnover. The assessee has explained under
tabulated form which is on record as part
