Assessing Officer explaining the increase of
foreign exchange loss and decrease in net profit. Even though there is huge
loss shown by the assessee ... increase in profit (excluding
forex loss) vis-à-vis increase in turnover. The assessee has explained under
tabulated form which is on record as part
Ito, New Delhi vs M/S. Spel Securities Ltd., New Delhi on 15 June, 2017
The Dcit, Circle 8,, Ahmedabad vs Spx Flow Technology (India) Pvt. Ltd. ... on 12 December
Sh. Satyaveer Singh Kothari, ... vs Department Of Income Tax on 17 November, 2011
IN THE
M/S. Kamal Oil Industries,, Mehsana vs The Jt.Cit, Patan Range,, Patan on 19
M/S. Galvi Engineering Pvt. Ltd.,, ... vs Assistant Commissioner Of ... on 27 June, 2018
आयकर
works on low margins, resulting in decrease of gross
profit percentage. However, it does not explain the decrease in gross
profit from ... cement
from the current year which has resulted in increase in Turnover. However
the margin in cement business was very low as compared to other
assessee become
unsaleable, after passage of time, on account of decrease in moisture or
progressive degeneration of its ingredients and thus rendering the
product itself ... negligible figure of less than 1% of the sales turnover. It may be noticed
here that the case of the assessee-company is that
