Satish Agarwal, Jaipur vs Assessee on 24 September, 2015
this A.Y. he has shown the GP of 12.57% on
decreased turnover of Rs. 39,45,037/-. It is a generally accepted
principle that
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1 - 10 of 15 (0.54 seconds)Anshu Jain, Jaipur vs Assessee on 17 April, 2015
rate chart submitted by the appellant, it is seen
that the turnover has decreased from Rs. 3,53,30,516/- in the
immediately preceding assessment ... merely using her estimations and
observing that since the turnover has decreased the profit was required
to be increased.
He also submitted that
Garden Silk Mills,, Surat vs Department Of Income Tax on 15 October, 2015
material price and decrease in sale price due to tough competition.
Further, he submitted that looking to the volume of turnover, the activity
of ready ... Profit was due to increase in the cost of raw-
material and decrease in sale realization. We find that the AO did not
give
Hind Agro Industries, Nabha vs Assessee on 12 August, 2015
assessee has declared following trading results in the
earlier years.
A.Y Turnover Gross Profit GP Rate ... increase in turnover
6
has been achieved by reducing the sale rate of goods sold and margin of
profits thereon. Small decrease
Kamal Gupta, New Delhi vs Department Of Income Tax on 18 March, 2015
that the turnover has increased from 48307984 to 83991597.
4
ITA NO. 380/Del/2012
However, the gross profit ratio has decreased from
Meena Tiwari, P/O M/S Smgl , Jaipur vs Department Of Income Tax on 23 April, 2015
rate has decreased from 22.45% in the previous
assessment year to 13.89% during this assessment year.
However, the turnover has increased from Rs. 1.64 crores
Manju Devi Goyal , Jaipur vs Department Of Income Tax on 9 January, 2015
2011_
ITO Vs Smt. Manju Devi
G.P. has decreased from 11.65% to 4.07% in the current
year. However, he failed to appreciate the significant ... business and also involved only part
of such period. Moreover, the turnover in the current year
has risen to 9.09 crores in compare
Rahul Pancholi, Ajmer vs Department Of Income Tax on 30 September, 2015
total turnover @ 9.55% as
shown in the last previous year. Thus the AO made trading addition of
Rs. 97,99,900/- on turnover ... observed that gross profit
rate of the assessee has decreased from 9.55% in the last year to
5.73% and accordingly enhanced the gross profit rate
Prime Export , Jaipur vs Assessee on 30 October, 2015
Prime Export vs. ITO, Jaipur .
assessee had achieved the increased turnover by reducing the sale price or
providing discount etc. The increase in cost ... fall in GP is on
account of decrease in export incentive during the year as compared to last
5
ITA No. 654/JP/2012
Sushil Kumar Jain, Prop., New Delhi vs Assessee on 6 July, 2015
Sushil Kumar Jain, Prop., New Delhi vs Assessee on 6 July, 2015
IN THE INCOME