M/S. S. K. Jain Infrastructure (P) Ltd., ... vs D C I T 1(1), Bhopal on 28 January, 2022
that
in the earlier years the turnover was very high, but subsequently
the turnover has decreased drastically and therefore, fixed cost
could not be reduced ... fact on record to pin point that fixed expenditure coupled with
decreased turnover has led to decrease in profit.
5
M/s. S.K. Jain