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
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In Indo-Gulf Fertilizers and Chemicals Corporation Ltd. v.
Union of India, 195 ITR 485 (All.), it was held as under: -
"The language of the provision quoted above
itself shows that where "the total income" after
making adjustments under clause (a) of sub-section
(1) of section 143 of the Act exceeds the total income
declared
