1. This is an appeal by the Revenue under Section 260A of the Income
Tax Act, 1961 (‘Act’) against the impugned order dated 3 rd October 2002
passed by the Income Tax Appellate Tribunal (‘ITAT’) in ITA No.
1280/Del/2002 for the Assessment Year (‘AY’) 1998-99.
Question of law
2. While admitting this appeal on 1st February 2006 the Court framed the
following question of law for determination:
3. The facts leading to the filing of the present appeal are that the
Assessee, HCL Infosystems Limited (‘HIL’), which was initially
incorporated as HCL Limited under the Companies Act, 1956 on 17 th
April 1986, was engaged in the manufacture, distribution and sale of
computers and services in India. At that stage most of the computer
products being manufactured by it were designed in-house.
Source: Indian Kanoon