diesel and electricity,
salary, PF, bonus and other items. Though the turnover had decreased,
the production was higher as shown by the higher closing stock ... establishment. Even though turnover did not increase, the closing stock
had increased and the GP rate had not decreased. In these
paddy, whichever is more. Because of the
capacity of cluster (turnover) increased and competition decreased. Due to this there
was a rise in rates
expenditure, which becomes the liability and cannot be met with by the turnover achieved by a unit, the unit cannot be forced to continue ... detailed report by categorically opining that the production in the factory had decreased and the undertaking had been incurring heavy losses. The government has given
scrap has been ordered to be excluded from the total
I
turnover of the assessee for computation of deduction under Section
'80HHC ... scrap will not be
included in the profit of the business, thus, decreasing the deduction
under Section 80HHC as the numerator shall be reduced
there was no clause with regard to minimum turnover and every person
was eligible to take part in the bidding process; however, in the year ... clause-G in clause 5 was inserted regarding "minimum turnover" from
the cartage work of foodgrains of Govt. agencies in any one financial
there was no clause with regard to minimum turnover and every person
was eligible to take part in the bidding process; however, in the year ... clause-G in clause 5 was inserted regarding "minimum turnover" from
the cartage work of foodgrains of Govt. agencies in any one financial
there was no clause with regard to minimum turnover and every person
was eligible to take part in the bidding process; however, in the year ... clause-G in clause 5 was inserted regarding "minimum turnover" from
the cartage work of foodgrains of Govt. agencies in any one financial
there was no clause with regard to minimum turnover and every person
was eligible to take part in the bidding process; however, in the year ... clause-G in clause 5 was inserted regarding "minimum turnover" from
the cartage work of foodgrains of Govt. agencies in any one financial
Punjab Tractors Ltd vs Commr. Of Income Tax Patiala & Anr on 3 February, 2017
Commissioner Of Income Tax-I Jalandhar vs M/S Max India Limited on 6 September
