2009 (7) TMI 143

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....JUDGMENT The judgment of the court was delivered by 1. ADARSH KUMAR GOEL J.—The Revenue has preferred this appeal under section 260A of the Income-tax Act, 1961 (in short, "the Act"), against the order dated December 7, 2007, passed by the Income-tax Appellate Tribunal, Bench "H", New Delhi, in I. T. A. No. 1958(Del) of 2007, for the assessment year 1995-96, proposing to raise the followin....

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....ction 27l(1)(c) by relying on the apex court decision in the case of Virtual Soft Systems Limited v. CIT [2007] 289 ITR 83 (SC) though the issue of retrospectivity has been referred to the Chief Justice of the hon'ble Supreme Court as per [2008] 217 CTR (SC) 105 ?" 2. The assessee filed a return of loss. The Assessing Officer while determining the net income to be nil, made additions to the ret....