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1 result for “depreciation”+ Addition to Incomeclear

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Key Topics

Section 271(1)(c)4

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

additional income tax" would be levied. The facts of the case were: - "During the calendar year 1950, the assessee company had made a profit but the depreciation