When there is no significant or noticeable decline in the G.P. ...

Minor Gross Profit Drop With Sixfold Turnover Rise Doesn't Warrant Addition, Despite Previous Year Comparison.

November 28, 2018

Case Laws Income Tax AT

When there is no significant or noticeable decline in the G.P. in comparison to the earlier year whereas there is a significant increase of six times in the turnover. The said insignificant decline in the G.P. cannot be a reason for an addition.

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When there is no significant or noticeable decline in the G.P. ...

Minor Gross Profit Drop With Sixfold Turnover Rise Doesn't Warrant Addition, Despite Previous Year Comparison.

November 28, 2018

Case Laws Income Tax AT

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