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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income-tax" must refer to a state of affairs in which
there has been a tax before. The words "charge on
the total income" are not appropriate to describe a
case in which there is no income or there is loss. The
same is the case with the expression "profit liable to
tax". The last expression "dividends
