excluding export turnover amounting to
Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of
the appellant while calculating ... facts while confirming the
decision of assessing officer for decreasing profits exempted under section 10B of
the EOU's in as much
excluding export turnover amounting to
Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of
the appellant while calculating ... facts while confirming the
decision of assessing officer for decreasing profits exempted under section 10B of
the EOU's in as much
excluding export turnover amounting to
Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of
the appellant while calculating ... facts while confirming the
decision of assessing officer for decreasing profits exempted under section 10B of
the EOU's in as much
excluding export turnover amounting to
Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of
the appellant while calculating ... facts while confirming the
decision of assessing officer for decreasing profits exempted under section 10B of
the EOU's in as much
excluding export turnover amounting to
Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of
the appellant while calculating ... facts while confirming the
decision of assessing officer for decreasing profits exempted under section 10B of
the EOU's in as much
from its investments in
developing the value of a trademark from its turnover and
market share where it has a long-term contract of sole
distribution ... additional return from
the owner of the trademark, perhaps through a decrease in the
purchase price of the product or a reduction in royalty rate
explained that in the year under consideration the assessee has
made total turnover of Rs.36.85 cores and declared GP rate of
2.39%. However ... crores and GP rate of 1.49% in assessment
year 2006-07 and turnover of Rs.24.51 crores with GP rate of
2.55% in preceding
various reasons such as
Increase in the raw material cost, decrease in market price of
finished product......
6.4 Looking into the facts of the case ... record anything to the
contrary. Further, it is also noted that the turnover of the
appellant increased substantially in comparison to preceding two
years. Moreover
from the earlier year has increased from 11% to almost 32% despite
decrease in the sale by almost 50%. Prior to this year, the appellant ... finding regarding abnormal increase in net
profit inspite of reduction in sales/turnover during the year under consideration. We
6
therefore
last year i.e. in the previous assessment year, the total turnover
of the assessee was of Rs. 8.024 crores and GP rate ... further submitted that in the year under consideration, the
turnover of the assessee has been substantially increased to Rs. 13.57 cores
and, whereas, the assessee
