https://www.taxtmi.com/caselaws?id=11328 The High Court dismissed the petition, ruling that no referable question of law arose due to the quashing of the basis for the show cause notice by the Delhi High Court, leaving the parties to bear their own costs. The Tribunal's deletion of the addition of Rs. 65 lakhs to the assessee's income was justified based on the Delhi High Court judgment, rendering the show cause notice and annexures invalid. The interpretation of the Delhi High Court judgment clarified that the extra charges by Mr. Vyas were not considered as the company's income, leading to the dismissal of the petition. en-us Tue, 19 Aug 2003 00:00:00 +0530 Thu, 06 Aug 2009 19:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11328 The High Court dismissed the petition, ruling that no referable question of law arose due to the quashing of the basis for the show cause notice by the Delhi High Court, leaving the parties to bear their own costs. The Tribunal's deletion of the addition of Rs. 65 lakhs to the assessee's income was justified based on the Delhi High Court judgment, rendering the show cause notice and annexures invalid. The interpretation of the Delhi High Court judgment clarified that the extra charges by Mr. Vyas were not considered as the company's income, leading to the dismissal of the petition. Case-Laws Income Tax Tue, 19 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11328