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
ii)
Therefore, the Appellant’s income was reduced to
Rs. 68,00,757.00 (returned income, Rs. 1,32,44,507.00
\026 Rs. 63,43,750.00 = Rs. 68,00,757.00)
(iii)
The appellant was able to prove some sources of the
share application money and the amount of
Rs. 19,16,000.00 added back was reduced to
Rs. 1
