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
erred in not allowing adjustments on account of the
increase and decrease of capital in the relevant
chargeable accounting period. The assessee added
that ... worked out by the
application of a rate to the turnover. I am, thus,
unable to allow this contention."
Aggrieved, the assessee carried appeals
prevailing
confusion among the petroleum dealers. Once the price decreased on 16-02-
07 and brought at par with price ... paid as per Section 4 of the Act on the taxable
turnover. Taxable turnover is to be computed as per Section 5 r/w Section
Associate Builders vs Delhi Development Authority on 25 November, 2014
Equivalent citations: 2014 AIR SCW
Mcdermott International Inc vs Burn Standard Co. Ltd. & Ors on 12 May, 2006
Equivalent
Mafatlal Industries Ltd. And Ors. vs Union Of India (Uoi) And Ors. on 19 December
M.C. Mehta vs Union Of India & Ors on 30 December, 1996
Equivalent citations
Union Of India & Anr vs Cynamide India Ltd. & Anr on 10 April, 1987
Centre For Public Interest Litigation vs U.O.I on 23 February, 2018
Author: Adarsh
