Itxa/1333/2008 Of The Commissioner Of Income Tax -24 Mumbai v. Smt.rajnidevi A.chowdhary

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO.1333 OF 2008The Commissioner of Income Tax..AppellantVs.Smt.Rajnidevi A.Chowdhary..RespondentMr.R.Asokan for Appellant.Ms.Saloni Patil i/b. Dhru & Co.for respondent.CORAM :- V.C.DAGA &J.P.DEVADHAR,JJ.DATE : 27TH APRIL,2009P.C..Heard learned Counsel for Revenue.2.Having seen the order of the Tribunal and thefinding recorded in paragraph Nos.6 and 7 thereof, theentire issue is decided on the basis of appreciationof evidence and on the basis of factual finding thatthe impugned transaction in the hands of the brokercompany M/s.Goldstar Finvest (P) Ltd., the transactionwas accepted as genuine transaction. In this view ofthe matter, no substantial question of law involved in the appeal. The appeal is, therefore, dismissed in limine. No order as to costs. (J.P.DEVADHAR,J.)