Learned AR
has also argued that due to substantial increase in turnover there was
a slight deduction in the profit margin which was offered ... both the sides, we are also of
the view that the marginal decrease in the gross profit ratio was
properly explained by the assessee; hence
logic. The A.O. has lost
sight of the fact that the turnover of the appellant company has increased
multifold and by this logic also ... increased by 0.79%) during the year under
consideration. Had there been any decrease or loss resultant to the
increase of consumption, it would have been
M/S Havells India Ltd., New Delhi vs Dcit, New Delhi on 25 August, 2020
Egain Communications Pvt.Ltd,, Pune vs Deputy Commissioner Of Income Tax,, ... on 17 December, 2020
Assistant Commissioner Of ... vs M/S. John Deere India Pvt. Ltd.,, Pune on 25 April
