showing net profit & turnover.
Refer Annexure-1
"
3. It is not disputed and challenged that the respondent-assessee was engaged
in supplying computer ... assessment order
states that there was exponential increase in the turnover from Rs.34.36 crore in
the last year to Rs.53.43 crore
fall by 1.89%. The AO disallowed 0.50%
decrease in gross profit ratio of sales accordingly a disallowance of Rs.
29,65,305/- was made ... Workshop (Net) 3011895 4073408 3779046
Incentive (Net) 3496887 5527666 5167690
Turnover (A) 494087805 361680522 602007751
Gross Profit (C) 7739549 15484843 14362690
GP Ratio
applying the g.p. rate of 22% on the turnover of
7 ITA 76/JP/2018_
M/s Pawan Enterprises Vs ACIT ... fact the
turnover of the assessee has increased substantially and overall gross
profit of the assessee has also increased. The turnover of the assessee
gross profit margins. The appellant
also submitted a comparative chart of turnover and expenses for the year under
consideration and the immediately preceding year ... production and as a result there was decline in the turnover also. There was
decline in the consumption of the raw material as well. However
The Dy. Commissioner Of Income Tax, ... vs Real Strips Ltd.,, Ahmedabad on 31 May, 2018
Nayan T. Shah, Mumbai vs Dcit Cir 23(3), Mumbai on 18 July, 2018
आयकर
The Deputy Comissioner Of Income Tax, ... vs Smt. Gracy Kuthukmal Thomas,, Veraval on 1 March
Acit-1(2), Raipur (Cg) vs M/S Asa Ompex Pvt. Ltd,, Raipur (Cg) on
Chaitanya Infrastructure Private ... vs The Assistant Commissioner Of Income ... on 30 November, 2018
आयकर अपील
M/S. Kasturbhai Motilal & Bros, ... vs The Income Tax Officer,Ward-11(4),, ... on