assessment year 2001-02 was 0.56% of the domestic turnover but
decreased to 0.42% in the assessment year ... partly correct as the turnover is also reflected and forms part of the
corpus which is calculated @ 0.39% of the turnover. The vehicles sold
were
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
exempt
unit, on assumptions and surmises by referring to difference in turnover,
expenses and net profit rate of exempt and non-exempt units. This cannot ... book results cannot be rejected only on the
ground of decrease or difference in gross profit rate compared to other years
or another assessee. Neither
Sony Ericsson Mobile Communications ... vs Commissioner Of Income Tax ??? Iii on 16 March, 2015
Author
The Commissioner Of Income Tax, Delhi ... vs Shiv Raj Gupta on 22 December, 2014
Author
Dlf Ltd And Another vs Additional Commissioner Of Income Tax & ... on 28 March, 2014
Director Of Income Tax vs M/S E Funds It Solution on 5 February, 2014
Pr.Commissioner Of Income Tax vs Montage Enterprises Pvt. Ltd. on 6 September, 2018
Author
Controla & Switchgear Co Ltd vs Deputy Commissioner Of Income Tax on 14 November, 2011
Commissioner Of Income Tax vs M/S Kelvinator Of India Ltd. on 19 January, 2015
