City-Iv, Bombay v. Upendra M.dalal

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.375 OF 2004 INCOME TAX APPEAL NO.375 OF 2004 INCOME TAX APPEAL NO.375 OF 2004 The Commissioner of Income Tax City-IV, Bombay .. Appellant V/s Upendra M.Dalal .. Respondent Mr.Pankaj Kapoor for the Appellant. Mr.B.D.Damodar for the Respondent. CORAM: S.RADHAKRISHNAN &J.P.DEVADHAR, JJ. CORAM: S.RADHAKRISHNAN & J.P.DEVADHAR, JJ. DATE : 18.01.2005. DATE : 18.01.2005. DATE : 18.01.2005. P.C.: P.C.: 1. Heard the learned Counsel for the parties. The issue raised in this Appeal is squarely covered by the judgment in the case of Cadell Weaving Mill Company Cadell Weaving Mill CompanyLimited V/s. Commissioner of Income Tax - 249 ITR 265. Limited V/s. Commissioner of Income Tax - 249 ITR 265. Under these circumstances, nothing further survives in this Appeal. Appeal therefore stands dismissed. 2. The learned Counsel for the Appellant submits that the issue is now pending before the Hon’ble Supreme Court. (S.RADHAKRISHNAN,J.) (S.RADHAKRISHNAN,J.) (J.P.DEVADHAR,J.) (J.P.DEVADHAR,J.)