compared to immediate previous assessment year whereas, the turnover of the
assessee decreased from Rs. 42.44 crore to 34.79 core. The AO also found that ... stock was shown
at Nil. The AO furthered found the turnover of the assessee decreased and similarly
the GP ratio of the assessee also decreased
comparison with earlier assessment year, but
such decrease is mainly due to decrease in turnover of the appellant company.
The appellant has not proved that
rate
was prejudicially decrease in the present year but the turnover has increased
and therefore, the same was rightly accepted by the CIT(A). Hence
Rajkamal Builders Infrastructure ... vs Asstt. Commissioner Of Income ... on 13 May, 2022
आयकर अपील य
Torrent Pharmaceuticals Ltd.,, ... vs The Deputy Commissioner Of Income Tax ... on 22 February, 2022
आयकर
The Acit, Central Caircle-2(2),, vs M/S. Mardia Chemicals Ltd.,, on 28 January
The Dcit, Baroda Circle-1,, Baroda vs Ambalal Sarabhai Enterprises ... on 25 May, 2022
ITA
Alpa Udaykumar Shah,, Bhavnagar, vs Ito, Ward-1(2),, Bhavnagar on 26 August, 2022
आयकर
Sachchade Food Pvt. Ltd., Ahmedabad vs The Pr. Cit-3, Ahmedabad on 7 October, 2022
assessee in the year under consideration despite the fact
that the turnover of it (the assessee) has gone many folds high. Furthermore, the assessee ... government policies, monsoon, market competition, increase in
the purchase cost and decrease in the sales value. As such, the assessee has maintained the
books
