Foreign Award and continues
till date. During this period the turnover increased
substantially and was in the region of Rs. 10/-
Crores ... Companies being IKM Ltd. whose
turnover increased dramatically between the
period 2002 to 2008 while that of the Respondent
decreased and became almost negligible
proceeds
from the scrap should have been included in the "total
turnover" as the respondent - assessee was also selling
scrap and that ... 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
proceeds
from the scrap should have been included in the "total
turnover" as the respondent - assessee was also selling
scrap and that ... 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
goods for purposes of assessment is required to be increased or decreased is a question that relates directly and proximately to the value of goods ... belonged to M/s. Christine Hoden (I) Pvt. Ltd. and since the turnover of M/s. Christine Hoden (I) Pvt. Ltd., had crossed two crores
Appellate Tribunal have no authority to add a new item to the turnover and include therein what was not before the assessing authority for that ... with their order. In the normal cases this would result in the decrease of the tax liability of the appellant. The second proviso
arises how to determine the profit element. For
this purpose, the total turnover and percentage
of gross profit for the earlier three years was
obtained ... gross profit rate was also decreasing every year
and in the year under consideration it has
decreased to 3%. It is also an established fact
company, the finance department brought the
attention of the record the transaction turnover in the VPA
account is higher than usual, the balance amount ... sufficient as usual, and the minimum balance level is
suddenly decreasing. It is further alleged by the complainant
that the head of the technical department
The Board Of Trustees Of The Port Of ... vs Afcons Infrastructure Limited on 23 December
Rupesh Rashmikant Shah vs Union Of India And 8 Ors on 8 August, 2019
Equivalent
63, Moons Technologies Limited ... vs Union Of India & 10 Others on 4 December, 2017
