Case Law Details
Case Name : CIT Vs. Zoom Communications Private Limited (Delhi High Court)
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CIT Vs. Zoom Communications Private Limited (Delhi High Court)
ITA 07/2010,(2010) 191 Taxman 179, [2010] 327 ITR 510
Judgement Delivered on: 24.05.2010,
Delhi High Court Ruling: If the assessee makes a claim which is not only incorrect in law but is also wholly without any basis and the explanation furnished by him for making such a claim is not found to be bonafide, it would be difficult Please become a Premium member. If you are already a Premium member, login here to access the full content.
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going back to dharmendra textiles.and there were several judjment after that to convey that the mistake of this type sould not attract the penalty.
This appears to be contrary and we are back to square one