Commissioner Of Income Tax v. M/S.akai Impex Ltd

bsb IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 6645 OF 2010 Commissioner of Income Tax … Appellant v/s M/s.Akai Impex Ltd. … Respondent Mr.Suresh Kumar for the appellant. CORAM: S.C. DHARMADHIKARI & G.S. KULKARNI, JJ. DATED : 15TH APRIL, 2014 P. C. : 1After having heard Mr.Suresh Kumar, learned counsel appearing on behalf of the appellant and perusing with his assistance the order of the Income Tax Appellate Tribunal, which is impugned in this appeal and particularly paragraph 5 thereof, we are of the opinion that the question of law raised before us cannot be termed as a substantial question of law, simply because the point is covered by the judgment of the Hon'ble Supreme Court, the ratio of which has been applied by the Income Tax Appellate Tribunal to the facts and circumstances of the present case. In such circumstances, the only question raised before us cannot be termed as a substantial question of law. The appeal is, therefore, devoid of any merits and is dismissed. (G.S. KULKARNI, J.) (S.C.DHARMADHIKARI, J.)