which decrease in turnover. The G.P. has
increased from 0.11% in AY 2012-13 to 0.13% in AY 2013-14.
4.2.9 The appellant ... compared to the preceding year. In the period
under consideration despite decrease in turnover, the G.P. has increased
compared to the preceding year
which decrease in turnover. The G.P. has
increased from 0.11% in AY 2012-13 to 0.13% in AY 2013-14.
4.2.9 The appellant ... compared to the preceding year. In the period
under consideration despite decrease in turnover, the G.P. has increased
compared to the preceding year
which decrease in turnover. The G.P. has
increased from 0.11% in AY 2012-13 to 0.13% in AY 2013-14.
4.2.9 The appellant ... compared to the preceding year. In the period
under consideration despite decrease in turnover, the G.P. has increased
compared to the preceding year
account
of alleged reduction in net profit inspite of substantial
decreased turnover by invoking the provisions
profit
has decreased by 1.87%, whereas the employee cost increased by
13.46 %. Despite steep decrease in turnover, with almost same
amount of overhead costs ... there is decrease in returned income for A.Y. 2013-14. The comparative table
containing assessment year, turnover, net profit, direct expenses like material
consumption
provided for
Commission rate in case of GSA agreements generally
decreases as the turnover increases This is because the cost
incurred by the agent does ... that the commission rate in case
of GSA agreements generally decreases when the turnover
increases and this is because the cost incurred by the agent
turnover is well above the
turnover limit for presumptive taxation. It is also generally observed in
business that, as turnover increases generally margin goes ... into scheme of presumptive taxation as his turnover is well
above the turnover limit for presumptive taxation, however, he has
restricted profit @ 5% without analyzing
same is as under:
1. Turnover of sales during F.Y. 2016-17 of the first three
month was decreased due to strike by jewelers ... there
is increase in total turnover by Rs. 23.04 Cr (increased by
39%) and out of the total turnover
that the allegation of Ld. AO
that there is substantial decrease in the turnover and net profit of the
company as against substantial increase
during the last year last year as % decrease vis-
year year as % of of turnover à-vis last year
turnover
12. And the assessee
