COMMISSIONER OF INCOME TAX VI vs. VIRTUAL SOFT SYSTEMS LTD
The appeal is hereby dismissed leaving parties to bear their own cost
C.A. No.-004358-004358 - 2018Supreme Court24 Apr 2018
Bench: HON'BLE MR. JUSTICE R.K. AGRAWAL
disallowed
deduction claimed as the lease equalization charges amounting to Rs.
3
1,65,12,077/- and added the same to the income of the Respondent
under the Income Tax Act, 1961 (in short ‘the IT Act’).
(d)
Being aggrieved with the said Assessment Order, the Respondent
preferred an appeal before the Commissioner of Income Tax (Appeals).
Learned CIT (Appeals
