Court Upholds 15% Disallowance of Job Work Charges Despite Higher Profit Ratios for Assessment Year 2012-13.

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....Disallowance of 15% of job work charges - GP and NP ratio of the assessee is better comparative to other similar business houses. In AY 2012-13, the assessee has shown NP @ 4.27%, however others have shown NP from 2.12% to 3.46% - 15% disallowance is reasonable to avoid the possibility of revenue leakage - AT....