Itxa/441/2007 Of Director Of Income-Tax, Mumbai v. Oman International Bank S.a.o.g

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARYORIGINAL CIVIL JURISDICTION IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY INCOME TAX APPEAL (LOD) NO.700 OF 2003 INCOME TAX APPEAL (LOD) NO.700 OF 2003 The Director of Income Tax International Taxation ..Appellant. V/s. M/s.Oman International Bank ..Respondent. Mr.B.M.Chattergi with Mrs.P.P.Bhosle for appellant. None for respondent. CORAM : DR. S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ.DATED : 6TH MARCH, 2007. CORAM : DR. S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ. DATED : 6TH MARCH, 2007. P.C. :- P.C. :- Heard the learned counsel for the appellant. The learned counsel for the appellant submits that with regard to the question of law raised in the appeal, the same are squarely covered by the Judgment in the case Discount & Finance House of India Ltd. V/s. S.K. Discount & Finance House of India Ltd. V/s. S.K.Bhardwaj, C.I.T. & Ors. reported in (2003) 259 I.T.R.295 against the revenue in favour of the assessee. In Bhardwaj, C.I.T. & Ors. 295 view thereof, appeal stands dismissed. (DR.S.RADHAKRISHNAN, J.) (DR.S.RADHAKRISHNAN, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)