The Commissioner Of Income Tax v. Infrastructure Leasing Financial Services Ltd

srk IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION NO.2267 OF 2009 WITH INCOME TAX APPEAL (L) NO. 2781 OF 2008 The Commissioner of Income Tax Vs. Infrastructure Leasing Financial Services Ltd. ..Appellant ..Respondent Mr.P.S.Sahadevan for appellant. None for respondent. P.C. CORAM :- V.C.DAGA &J.P.DEVADHAR,JJ. 3[rd] July, 2009 DATE : Heard. For the reasons stated in the affidavit, delay is condoned. Notice of Motion is made absolute. Revenue is directed to remove office objections, failing which, appeal shall stand dismissed. In the event of removal of office objections, Registry is directed to register the appeal and it may be treated as admitted on the following substantial question of law. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in deleting the addition of Rs.4,79,94,289/- being the difference between the lease rentals credited to the account of SOD method and lease rentals offered for tax on accrual basis.? So far as other question is concerned, the same has already been considered and answered by this court in the Assessee’s own case reported in 195 ITR 682. Place the appeal along-with Income Tax Appeal No. 584 of 2004. (J.P.DEVADHAR,J.) (V.C.DAGA,J.)