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turnover of Rs.17,36,68,915/- as compared to Net Profit of Rs.71,30,820/- at the rate of 5% on the turnover ... Profit. It was found by Assessing Officer that security charges have been decreased from 92.78% shown in the last year to 91.5% during the year

consideration it was at 25.61%. However, there was tremendous increase in the turnover of the assessee which increased to Rs.1021.80 lacs ... factor for decline in the gross profit rate as the turnover increased by 356% in comparison to the earlier year. In the instant case

Ashish Dyeing & Printing Mills ... vs Department Of Income Tax on 9 April, 2010 IN