should
not be treated as unexplained money especially as the annual
turnover had decreased. The assessee responded vide
submissions dated 27.12.2019 explaining that assessee ... cloths,
2
farm crops, miscellaneous goods and petrol pump the
breakdown of turnover in the financial statements was
reproduced. The assessee had tabulated the difference
ground that the expenses are excessive in comparison to
total turnover of the assessee. The Ld. Counsel for the assessee
referring to page ... account of various reasons. The sales of the
assessee decreased to Rs.43,60,03,387/- from Rs.61,88,25,792/-
from the previous
ground that the expenses are excessive in comparison to
total turnover of the assessee. The Ld. Counsel for the assessee
referring to page ... account of various reasons. The sales of the
assessee decreased to Rs.43,60,03,387/- from Rs.61,88,25,792/-
from the previous
ground that the expenses are excessive in comparison to
total turnover of the assessee. The Ld. Counsel for the assessee
referring to page ... account of various reasons. The sales of the
assessee decreased to Rs.43,60,03,387/- from Rs.61,88,25,792/-
from the previous
well as diamond jewllery and thus the contention that the
sales decreased in subsequent year cannot be accepted. Besides, it
is also seen from ... that the assessee firm
has achieved sales turnover of Rs.19,29,59,989/- despite there
being strike in jewellery business during this year which
Acit, New Delhi vs M/S. Mysore Finlease Pvt. Ltd., New ... on 24 October, 2024
M/S. Mysore Finlease (P) Ltd.,New Delhi vs Dcit, New Delhi on 24 October
M/S. Mysore Finlease Pvt. Ltd.,New ... vs Acit, New Delhi on 24 October, 2024
Avtec Ltd.,New Delhi vs Dcit (Ltu), Circle-1 , New Delhi on 29 November, 2024
Avtec Ltd.,New Delhi vs Acit (Ltu), Circle-1 , New Delhi on 29 November, 2024
