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ACIT change which not only resulted in decrease in the turnover by 15% but also resulted into shrinking of the margins. Therefore, he prayed

rate is slightly decreased but the fall is very much justified from the multifold increase turnover. Your honour, even the books are rejected than ... should be appreciate. Considering the above facts I find that the turnover of the appellant also increase from

Dy. Commissioner Of Income Tax, Kota vs Motion Education Pvt. Ltd., Kota on 31 October

Dy. Commissioner Of Income Tax, Kota vs Motion Education Pvt. Ltd., Kota on 31 October

Birendra Singh Nirbhay,Sirsi Road ... vs Ito Ward 3(1) Jaipur, Ncrb Income Tax ... on

turnover, therefore, no addition can be made without any adverse material / evidence available on record. It is further submitted that assessee's turnover ... fact that due to worldwide recession the price had fallen coupled with decrease in the exchange rate of US Dollars which has also affected

evident from the above table that the total cash deposits have decreased as compared to the preceding year. The only reason for doubt ... assessee firm is as under: Particulars AY 2016-17 AY 2017-18 Turnover 4,32,77,865 4,66,41,222 Cash deposits

Gross Turnover 650.28 598.49 525.45 412.14 Expenses as % of Gross Turnover Percentage ( % ) Payment to and Provisions for Employees 6.66 6.58 6.42 10.30 Travelling, Conveyance ... These figures demonstrate that the expenses on Employees cost has shown decrease from 10.30% in year 2005-06 (i.e. the year in which outsourcing

observed that the turnover for the year under consideration has increased from the previous years, however the GP rate has decreased from the preceding previous ... further submitted that in normal circumstances GP rate is inversely related to turnover, i.e. increase in turnover usually results in lower GP rate

last year. In appellate proceedings AR has not filed proper justification for decrease in G.P. rate to 4.64% however I find that GP rate ... higher side, GP rate of 20% of declared turnover is applied. Assessee gets resultant relief. This ground of appeal is partly allowed." Ground