The Commissioner Of Income Tax v. M/S. Akshar Motors )........ Respondant

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO. 482 OF 2005 The Commissioner of Income tax ).......Appellants versus M/s. Akshar Motors )........ Respondant. Mr. Parag Vyas i/b Pankaj Kapoor for the appellant. CORAM: SWATANTER KUMAR, C.J., & A.P. DESHPANDE, J. DATED: 04TH AUGUST 2008. P.C.: 1.We have heared the learned counsel for the parties.The Income Tax Appellate Tribunal while relying upon a case inBansal Brothers Vs. DCIT, 64 ITD 129, recorded a finding that there was no loss of revenue on account of non issuance of TDSwithin the stipulated time as also held that the assessee pleadedthat there was reasonable cause within the meaning of section273B for delay in issuance of TDS certificate in time with regardto the bonafide of the assessee. Both the Commissioner(Appeals) as well as the Tribunal have reached a finding on facts.Hence no reason for intereference. Appeal is dismissed. CHIEF JUSTICE A.P. DESHPANDE, J.