Delhi High Court asked CIT to revise Form 3 order issued under VsV, imposing 125% rate of disputed tax instead of 100%

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Delhi High Court asked CIT to revise Form 3 order issued under VsV, imposing 125% rate of disputed tax instead of 100%

Delhi High Court asked CIT to revise Form 3 order issued under VsV, imposing 125% rate of disputed tax instead of 100%, in a non search matter, where assessment was completed under section 143(3), albeit on the basis of investigation report on an issue involving capital gains on alleged penny stock.
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