2004 (11) TMI 586

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....section 260A of the Income-tax Act, 1961 is preferred by the Revenue. The decision in the case of CIT v. Ram Commercial Enterprises Ltd. [2000] 246 ITR 568 (Delhi) and other decisions have been considered by the Tribunal. This Court made the position of law very clear as under : "A bare reading of the provisions of section 271 and the law laid down by the Supreme Court makes it clear that i....