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
v. Prithipal
Singh & Co., Civil Appeal No. 1961 of 1996 dated 27.07.2000,
reported in 249 ITR 670 (SC).
In the appeal filed by the Revenue in the High Court of
Delhi, the following two questions of law were framed:
" 1. Whether the ITAT was right in deleting the
penalty imposed under section 271(1)(c) of the
Income
