M/S.VIRTUAL SOFT SYSTEMS LTD. vs. COMMISSIONER OF INCOME TAX, DELHI-I
C.A. No.-007115-007115 - 2005Supreme Court06 Feb 2007
For Respondent: Commissioner of Income Tax, Delhi-I
Section 260ASection 271(1)(c)Section 68
purchase and
lease of cinematographic films
held to be bogus
Rs. 57,51,520.00
(ii)
Reduction of claim of
depreciation in respect of leasing
vehicles from 40% to 20%.
Rs. 10,28,462.00
(iii)
Unexplained share application
money added back as
unexplained cash credits under
Section 68
Rs. 19,16,000.00
(iv)
Lease rentals of cinematographic
films held
