expenses for wages and salaries
have increased in Unit-I but decreased in Unit-II though the process of
manufacturing according to him was almost ... taxable profits. He
accordingly re-allocated the expenses in proportion of turnover and re-
worked the net profits from Unit-I and Unit-II. Aggrieved
ratio with respect to the turn over of
the assessee
A.Y. Turnover GP margin NP margin ... over as well as gross profit margin and net profit margin has
decreased substantially during the year under consideration, the assessee
was asked to furnish
gross profit as compared to last year. The
assessee had shown total turnover of Rs.64,63,412/- with gross profit ... Diamond
Market and due to competition with China, the margin of profit decreased compared to last year.
The Assessing Officer did not accept the explanation
depreciation should not be allocated on the basis of turnover. Reply
was furnished by the assessee but the A.O. was not satisfied ... over basis and in this manner, the profit of 10A units
was decreased from
Lakhanpal National Ltd. vs Income Tax Officer on 9 March, 1999
Equivalent citations: [1999]69ITD9
Rajkamal Builders Infrastructure ... vs Asstt. Commissioner Of Income ... on 13 May, 2022
आयकर अपील य
Vodafone India Services Private Ltd.,, ... vs The Deputy Commissioner Of Income Tax, ... on 23 January
Smartchem Technologies Ltd. vs Income Tax Officer on 28 July, 2005
Equivalent citations: (2005)97TTJ
United Phosphorus Limited vs Joint Cit on 22 May, 2001
Equivalent citations: (2001)73TTJ(AHD
Torrent Pharmaceuticals Ltd.,, ... vs The Deputy Commissioner Of Income Tax ... on 22 February, 2022
आयकर
