assessee also filed
the comparative statement showing increase / decrease in gross profit / loss and
percentage increase / decrease in gross profit / loss ... term of percentage of expenditure and turnover. The learned Counsel
for the assessee stated in the relevant year the percentage of expenditure is at
minus
basis of turnover. Reliance
has been placed on some decisions of the Tribunal in support of the plea for
applying turnover filter for selection ... risk taking capabilities in cases of high
turnover companies, which increase the margins with rise in turnover.
However, in the Tribunal decisions cited, no detailed
Assistant Commissioner Of Income Tax, ... vs Konark Infrastructure (Water ... on 27 February, 2024
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Assistant Commissioner Of Income Tax, ... vs Konark Infrastructure (Water ... on 27 February, 2024
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Konark Infrastructure ( Water Supply- ... vs Dcit, Central Circle - 4 , Thane on 27 February, 2024
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Konark Infrastructure (Water Supply - ... vs Dcit Central Circle -4, Thane on 27 February, 2024
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Assistant Commissioner Of Income Tax, ... vs Konark Infrastructure (Water ... on 27 February, 2024
IN THE
Assistant Commissioner Of Income Tax, ... vs Konark Infrastructure (Water ... on 27 February, 2024
IN THE
Konark Infrastructure (Water Supply - ... vs Dcit Central Circle - 4, Thane on 27 February, 2024
IN