MY CLIENTS GP RATIO HAVE DECLINED TO 3% FORM PAST 8%, ITO WANTS TO CONSIDER IT AT 8% HOW CAN I JUSTIFY THE FALLING GP RATIO OTHER THAN GIVING THE COMPITITION IN MARKET AS EXPLANATION...
CAN U PROVIDE ME WITH CASE LAW WHERE LOW GP RATIO IS ACCEPTED BY ITO...
IN WHAT CASES CAN AN ITO ACCEPT LOW GP RATIO?..
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Without substantiating your low GP you cannot win. Ask your client why it was lower compared to py and explain the same to the AOP
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