income. In case
of low turnover, net profit margin is higher. However, when business volume or
turnover increases profit margins record reduction because in such ... charging less net profit margins. When volume or
turnover progressively increases then net profit rate decreases. This is an universally
known commercial truth
income. In case
of low turnover, net profit margin is higher. However, when business volume or
turnover increases profit margins record reduction because in such ... charging less net profit margins. When volume or
turnover progressively increases then net profit rate decreases. This is an universally
known commercial truth
income. In case
of low turnover, net profit margin is higher. However, when business volume or
turnover increases profit margins record reduction because in such ... charging less net profit margins. When volume or
turnover progressively increases then net profit rate decreases. This is an universally
known commercial truth
income. In case
of low turnover, net profit margin is higher. However, when business volume or
turnover increases profit margins record reduction because in such ... charging less net profit margins. When volume or
turnover progressively increases then net profit rate decreases. This is an universally
known commercial truth
Officer noted that assessee's turnover increased
by about 34% comparing assessment year 2005-06, but decreased by 37% from assessment
year
assessee has decreased
by 43.41% during demonetization period as compared to the said
period during the previous year 2015-16, whereas turnover has
increased
then it raises rapidly,
stays there for a while and then it decreases more rapidly. Thus trade pattern makes a bell
shape. Apart from that ... share movement pattern. Almost all the
companies have no fixed asset, no turnover, no profitability and they did not pay taxes. It
shows that these
range and rises rapidly, stays there for a while and then decreases rapidly. This
makes a bell shaped pattern. The A.O. of his order ... financial credentials as the company concerned has
almost no fixed asset, no turnover, no profitability and do not pay taxes. Hence, such
companies were designed
range and rises rapidly, stays there for a
while and then decreases rapidly. This makes a bell shaped pattern. The A.O. of his
order ... rang and rises rapidly, stays there for awhile and then decreases rapidly. This makes
a bell shaped pattern. The AO of his order has demonstrated
rate declared by the assessee was 9.72% when
the turnover was increased substantially to Rs. 123 crores. The NP
rate declared by the assessee ... Thereafter the net profit again was decreased by about 16% to 0.52%
in A.Y. 2009-10 while the same was increased substantially by about