1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO.816 OF 1998 The Commissioner of Income-tax, Bombay City - III, Bombay .. Applicant. V/s. M/s.Oxford University Press .. Respondent. Mr.A.S. Rao i/b. Mr.Pankaj Kapoor for the applicant. Mr.A.K. Jasani for the respondent. CORAM : V.C. DAGA & CORAM : V.C. DAGA & CORAM : V.C. DAGA & J.P. DEVADHAR, JJ. J.P. DEVADHAR, JJ. J.P. DEVADHAR, JJ. DATED : 5TH APRIL, 2005. DATED : 5TH APRIL, 2005. DATED : 5TH APRIL, 2005. P.C. : 1. Heard learned counsel for the applicant. The Tribunal has referred following question for the opinion of this Court reading as under : Whether on the facts and in the circumstances of the case, the Tribunal was right in law in holding that the assessee, a printer and publisher of books in India, derived income which was exempt from tax under section 10(22) of the Income-tax Act, 1961 ? 2. The above question has already been answered by the Apex Court in the case of Oxford University Oxford University Oxford University Press V/s. CIT [(2004) 247 ITR 658 (SC)] Press V/s. CIT [(2004) 247 ITR 658 (SC)] Press V/s. CIT [(2004) 247 ITR 658 (SC)] against the assessee in favour of the revenue. In this view of the matter, the reference stands disposed of in terms of that judgment with no order as to costs. **********