The Commissioner Of Income Tax-Ii, Bombay v. M/S Tractor Engineers Ltd

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO. 504 OF 2005 The Commissioner of Income Tax-II, BombayVersusM/s Tractor Engineers Ltd. ).. Appellant ).. Respondent Mr Vimal Gupta i/b Mr K B Rao for the Appellant.Mr A K Jasani i/b ;M/s T Pooran & Co. for the Respondent. CORAM:SWATANTER KUMAR, C. J. & A.P. DESHPANDE, J.DATED: 1ST SEPTEMBER 2008. P.C. It is fairly stated on behalf of the parties that, out of the threequestions of law sought to be raised in the present Appeal, QuestionNos. (a) and (b) are clearly answered by a judgment of the DivisionBench of this Court in the case of Commissioner of Income Tax vs.Antifriction Bearings Corporation Ltd., 2000 (246) ITR 295. As regardsquestion No.(c), it is clear from the order of the Tribunal that for theprevious year of the same assessee on the same issue was acceptedby the Department and thus no question of law much less substantialquestion of law arises for determination. Appeal dismissed. No order asto costs. CHIEF JUSTICE -2- A. P. DESHPANDE, J.