crores. Thus, whilst the increase in the
turnover was around 40%, the exempt income had decreased by almost 60%.
7. Given the nature of income ... account pertains to manufacturing activities, there is
increase in business turnover by 40% and decrease in exempt
income by 60% in comparison to last year
increase in the recurring
expenditure of employees' salary and decrease in the business turnover
due to severe private sector competition are some
paddy, whichever is more. Because of the
capacity of cluster (turnover) increased and competition decreased. Due to this there
was a rise in rates
that the said amount also
included sums forming part of the turnover on account of providing
accommodation entries. Now, that radically changed the complexion ... determined the commission to be 1.5% on the said total turnover; the ITAT
decreased it. Nonetheless, the important fact is that the determination
subject and the qualification of Annual Turnover was arrived
in a formula basis and will be increased or decreased according to the
period of completion ... that the
calculation of the Annual Turnover is increased when the period of
completion is shorter and decreased when the period of completion is
longer
rate
was prejudicially decrease in the present year but
the turnover has increased and therefore, the same
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recurring expenditure of employees' salary and decrease in the
business turnover due to severe private sector competition are some of the
reasons for financial
recurring expenditure of employees' salary and decrease in the
business turnover due to severe private sector competition are some of the
reasons for financial
store inventory, creation of time utility,
efficient accessibility increasing turnover, better produce
process, to decrease shrinkage and optional safety.
Besides, importance of warehouse
instant case, the issue is with regard to the term
"Total turnover".
6. The assessee is a manufacturer and exporter of stainless
steel ... 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
