Itxa/150/2004 Of The Commissioner Of Income-Tax,Mumbai,City-Iv v. Sonawala Industries Ltd

1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.150 OF 2004 The Commissioner of Income Tax, Mumbai City IV, Mumbai .. Appellant. V/s. M/s.Sonawala Ind. Limited .. Respondent. Mr.R. Asokan i/b. H.D. Rathod for the appellant. CORAM : R.M. LODHA, &J.P. DEVADHAR, JJ. CORAM : R.M. LODHA, & J.P. DEVADHAR, JJ. DATED : 20TH DECEMBER, 2004. DATED : 20TH DECEMBER, 2004. P.C. : Heard. 2. The controversy raised in this appeal is concluded by the Division Bench judgment of this court in the case of Cadell Weaving Mills Co. Ltd. V/s. CIT (249 ITR 265). However, the learned counsel for the revenue submits that the said judgment is under challenge before the Supreme Court. Even if that be so, in so far as we are concerned, the controversy stands concluded by the Division Bench judgment of this court. 3. No substantial question of law arises in this appeal. The appeal is dismissed in limine. (R.M. LODHA, J.) (R.M. LODHA, J.) 2 (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)