about 2.48% on a
turnover of about Rs. 18 crore and in the relevant year the turnover has
decreased to about Rs. 7.5 crores
which is 80% of turnover which is practically
impossible in such business. Assessee's income has decreased in the
subsequent years and deduction
from the year 2004-05 including the details of the
privilege fee, turnover and taxable income of the petitioner,
which is indicated in a Tabular ... clarity
and by comparison, the turnover of the petitioner. During the
period from 2004-05 to 2011-12, the turnover of the petitioner
has increased
loss of Rs.1,75,74,887/- on the total turnover of
Rs.1,69,62,106/-;
(b) the loss on sale of machinery ... sale and purchase of any asset under any
block can only increase/decrease in value of block and
depreciation can be accordingly claimed/allowed
Subex Limited , Bangalore vs Assessee on 18 March, 2016
IN THE INCOME TAX APPELLATE TRIBUNAL
Syngenta Biosciences P.Ltd, Pune vs Assessee on 22 April, 2016
IN THE INCOME TAX