https://www.taxtmi.com/caselaws?id=185306 The High Court of Delhi dismissed the Revenue's appeal against the Income Tax Appellate Tribunal's decision regarding the deduction claimed by the Assessee for fees paid to the Registrar of Companies for increasing authorized share capital. The Court held that no substantial question of law arose as the Assessee did not provide inaccurate particulars or conceal income but made errors in computing taxable income and applying legal provisions. The penalty proceedings initiated by the Assessing Officer under section 271(1)(c)(c) of the Income Tax Act, 1961 were not justified. en-us Thu, 29 Nov 2007 00:00:00 +0530 Tue, 09 Aug 2016 10:28:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185306 The High Court of Delhi dismissed the Revenue's appeal against the Income Tax Appellate Tribunal's decision regarding the deduction claimed by the Assessee for fees paid to the Registrar of Companies for increasing authorized share capital. The Court held that no substantial question of law arose as the Assessee did not provide inaccurate particulars or conceal income but made errors in computing taxable income and applying legal provisions. The penalty proceedings initiated by the Assessing Officer under section 271(1)(c)(c) of the Income Tax Act, 1961 were not justified. Case-Laws Income Tax Thu, 29 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185306