Itxa/42/2005 Of The Commissioner Of Income-Tax-3 v. M/S Shital Texturing Pvt.ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.42 OF 2005 The Commissioner of Income Tax-3, ..AppellantMumbai M/s.Shital Texturising (P) Ltd...Respondent WITH INCOME TAX APPEAL NO.58 OF 2005 The Commissioner of Income-tax-3, ..AppellantMumbai M/s.Vasishtha Tradecom Pvt. Ltd...Respondent WITH INCOME TAX APPEAL NO.59 OF 2005 The Commissioner of Income-tax, ..AppellantMumbai V/s.M/s.Silkina Trading Pvt.Ltd...Respondent WITH INCOME TAX APPEAL NO.62 OF 2005 The Commissioner of Income-tax, ..AppellantMumbai M/s.Srenik Traders Pvt. Ltd...Respondent INCOME TAX APPEAL NO.1078 OF 2004 The Commissioner of Income-Tax, ..AppellantMumbai M/s.Sanatan Textrade (P) Ltd...Respondent WITH INCOME TAX APPEAL NO.1080 OF 2004 The Commissioner of Income-tax-3, ..AppellantMumbai M/s.Vatayan Synthetics Pvt. Ltd...Respondent Mr.Vimal Gupta, Advocate, for Appellant in all theappeals Mr.J.D.Mistry with Mr.Raj Darak, Advocate, forRespondent in all the appeals P.C. 1.The substantial questions of law which havebeen raised by the revenue in these appeals are thesame as those raised in Income Tax Appeal No.56/2005. By our reasons stated in our Judgmentand Order passed in Income Tax Appeal No.56/2005 wehave held that the said questions did not arise andhave dismissed Income Tax Appeal No.56/2005 filedby the revenue for the reasons contained in ourJudgment and Order dated 23[rd] January, 2008. Sincethe questions of law raised stand answered infavour of the respondent Assessee Company, thepresent Income Tax Appeals do not survive and standdismissed. (R.S.MOHITE, J.) (F.I.REBELLO, J.)