Tax (Central) Ii v. M/S Tips Industries Pvt.ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1570 OF 2007 The Commissioner of Income Tax (Central) II ..Appellant vs. M/s Tips Industries Pvt.Ltd. ..Respondents Mr.P.S.Sahadevan for appellant. Mr.Deepak Tralshawala with Mr.V.S.Hadade for respondents. P.C. P.C. 1. Heard the learned Counsel appearing for the appellant and the learned Counsel appearing for the respondents. We have perused the impugned order. The Tribunal in paragraph 3 has observed that for the earlier assessment years right from the assessment year 1991-92 onwards the same order has been consistently followed and in view of the same the Tribunal has refused to interfere and decided in favour of the assessee. Mr.Sahadevan is unable to point out whether the respondents have at all challenged the same. Only one of the grounds states that the appellant has challenged the order for the assessment year 1991-92 by way of an appeal being appeal Lodging No.1370 of 2005. Mr.Sahadevan is not aware of any such appeal and he does not know what has happened to the same. There is no other appeal filed by the revenue, hence, the Tribunal has followed the same view. We do not find any substantial question of law involved in the above as the revenue has already accepted the said view consistently for the last several years. Hence, the appeal stands dismissed. KATHAWALLA J.) (Dr.S.RADHAKRISHNAN J.) (S.J.KATHAWALLA J.) (Dr.S.RADHAKRISHNAN J.) (S.J KATHAWALLA J.) (Dr.S.RADHAKRISHNAN J.) (S.J