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earlier years has come down, which is evident from drastic decrease in turnover. Therefore, the argument of the assessee that the bonus is paid

While checking the data it has been observed that the total turnover of the company has fallen in the very next month of the incident ... certification. Our observation are as follows: Loss of Business due to decrease in Turnover 36,63,553/- Loss of Profit due to decrease in Business

some times it increases and some times it decreases. The details of turnover from the year 2018-19 to 2023-24 has also been filed

profit but not the denominator, i.e., the turnover because the corresponding turnover was factored in the computation of the operating margins of the earlier ... Haier Appliances India P. Ltd. v. ACIT turnover of which is not the part of the turnover of the present year cannot be considered

license suspension period. Further, during the A. Y., the turnover of the Appellant Company also decreased substantially from

license suspension period. Further, during the A. Y., the turnover of the Appellant Company also decreased substantially from

MUKESH KUMAR, Ludhiana 9 AY Turnover (Rs.) Cash Sales (Rs.) % Cash Sales Cash Deposited % Cash Deposit (Rs.) wrt Turnover ... evident that the percentage of cash sales to total turnover of the assessee has decreased in A.Y. 2017-18 compared to the previous year

profit stood at Rs.7,19,928/-, being 0.99% of turnover. Thus, while the turnover had increased by more than Rs.86 lakhs, the gross ... average rate of sale had consistently decreased, notwithstanding the higher turnover in terms of volume. 4.5 In support of the above submissions, the learned

3736/Del/2023 • As per the submissions of the assessee, the turnover growth of his business is driven by over the counter cash sales ... assesse has shown a decrease in gross profit ratio from 26.32% in FY 15-16 over a turnover

sales turnover Certificate, after 2000 onwards its sales turnover is increased and not at all decreased. 16 / 21 O.S.No.25469/2008_Judgment Defendants