guidelines stated. The qualification of annual turnover is arrived in formula basis and it will be increased or decreased according to the period of completion ... crore.
The calculation of annual turnover is increased when the period of completion is in shorter and decreased when the period of completion is longer
subject and the qualification of Annual Turnover was arrived
in a formula basis and will be increased or decreased according to the
period of completion ... that the
calculation of the Annual Turnover is increased when the period of
completion is shorter and decreased when the period of completion is
longer
applying the upper limit of 200 crorers for the
turnover filter applied by the TPO by placing
Date of Judgment ... turnover filter even when
the turnover has no linkage with the margins
and in fact the TPO in order demonstrated that
when turnover is high
B. Sailesh Saxena vs The Union Of India And Others on 4 June, 2018
Bench
showing net profit & turnover.
Refer Annexure-1
"
3. It is not disputed and challenged that the respondent-assessee was engaged
in supplying computer ... assessment order
states that there was exponential increase in the turnover from Rs.34.36 crore in
the last year to Rs.53.43 crore
DPIL had projected
turnover of Rs.2197.60 Crores for the year 2012 whereas
the actual turnover was Rs.1267.60 Crores only ... achieved a turnover of
Rs.1740.38 Crores as on 31.03.2012, which was less by
Rs.457.22 Crores from the projected turnover figure
DPIL had projected
turnover of Rs.2197.60 Crores for the year 2012 whereas
the actual turnover was Rs.1267.60 Crores only ... achieved a turnover of
Rs.1740.38 Crores as on 31.03.2012, which was less by
Rs.457.22 Crores from the projected turnover figure
meet with any
success. DRP noted that though there was a
57% decrease in the sales of the assessee
when compared with its sales ... strongly
assailing the orders of authorities below
submitted that its turnover had fell from
Rs.36.51 crores to 15.7 crores when
Date of Judgment
exempt
unit, on assumptions and surmises by referring to difference in turnover,
expenses and net profit rate of exempt and non-exempt units. This cannot ... book results cannot be rejected only on the
ground of decrease or difference in gross profit rate compared to other years
or another assessee. Neither
Centre For Public Interest Litigation vs U.O.I on 23 February, 2018
Author: Adarsh
