from the information
provided by the assessee it was obvious that the turnover in
the expanded unit had increased from Rs.65.49 lacs ... first unit. Finally, the tribunal held:-
“Though increase or decrease in the turnover by itself may
not be of much consequence in the scheme
instant case, the issue is with regard to the term “Total
turnover”.
6. The assessee is a manufacturer and exporter of stainless steel
utensils ... that if the total turnover increases, the
advantage which the assessee would get under Section 80HHC would
decrease because the amount deductible substantially depends upon
from the information
provided by the assessee it was obvious that the turnover in
the expanded unit had increased from Rs.65.49 lacs ... first unit. Finally, the tribunal held:-
"Though increase or decrease in the turnover by itself may
not be of much consequence in the scheme
instant case, the issue is with regard to the term
"Total turnover".
6. The assessee is a manufacturer and exporter of stainless
steel ... that if the total turnover increases,
the advantage which the assessee would get under Section
80HHC would decrease because the amount deductible
substantially depends upon
decreasing. One of the
factors which might help the decision for increasing the retail outlets
in any particular area/locality could be the sales turnover
Associate Builders vs Delhi Development Authority on 25 November, 2014
Equivalent citations: 2014 AIR SCW
The Commissioner Of Income Tax, Delhi ... vs Shiv Raj Gupta on 22 December, 2014
Author
Planet M Retail Ltd vs Select Infrastructure Pvt Ltd on 19 September, 2014
Author: Deepa
Commissioner Of Income Tax Tax-Iii vs M/S. Priyanka Gems....Opponent(S) on 12
Dlf Ltd And Another vs Additional Commissioner Of Income Tax & ... on 28 March, 2014
