Itxa/831/2004 Of The Commissioner Of Income Tax v. M/S. S. C. Finance And Investments Pvt. Ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.831 OF 2004 INCOME TAX APPEAL NO.831 OF 2004 The Commissioner of Income Tax ..Appellant. V/s. M/s.S.C.Finance & Investment Pvt.Ltd. ..Respondent. Mr.Vimal Gupta for appellant. Mr.Porus Kaka with A.K.Jasani for respondent. CORAM : F.I.REBELLO ANDJ.P.DEVADHAR, JJ. DATED : 26TH SEPTEMBER, 2007. CORAM : F.I.REBELLO AND J.P.DEVADHAR, JJ. DATED : 26TH SEPTEMBER, 2007. P.C. :- P.C. :- Matter not on board. Taken up for hearing by consent of parties. 2. The Tribunal in the instant case by its order has followed its earlier order in ITA No. 444/M/2001 decided on 16/01/2003. That was the subject matter of an appeal before this Court in Income Tax Appeal No.416 of 2004 in the case of The Commissioner of Income-Tax V/s. M/s.Shapoorji & Co. which has been dismissed by this Court on the ground that no substantial question of law arise relying on the Judgment of this Court in the case of M.V.Sonvala V/s. of M.V.Sonvala V/s.Commissioner of Income Tax reported in 177 I.T.R. 246. Commissioner of Income Tax Considering the above, in our opinion, no substantial question of law as framed will arise. Consequently, appeal is dismissed. (J.P.DEVADHAR, J.) (F.I.REBELLO, J.)