1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY O. O. C. J. INCOME TAX APPEAL NO.3568 OF 2010 The Commissioner of Income Tax-7 ..Appellant. Vs. M/s.Navneet Publications (India) Ltd. ..Respondent. .... Mr. Suresh Kumar for the Appellant. Dr.K.Shivram with Mr.Rahul Hakani and Mr.Paras S. Savla for the Respondent. ..... CORAM : DR.D.Y.CHANDRACHUD & J.P.DEVADHAR, JJ. 29 June 2010. P.C. : Five questions of law have been raised by the Revenue in this appeal under Section 260-A of the Income Tax Act, 1961. Insofar as the first four questions of law are concerned, counsel appearing on behalf of the Revenue and counsel appearing on behalf of the assessee are agreed that the issues would stand covered in favour of the Revenue and against the assessee by the judgment delivered today in Commissioner of Income Tax v. Kalpataru Colours and Chemicals (ITA(L) 2887 of 2009). Insofar as the fifth question is 2 concerned, both the counsel state that the issue would stand covered against the Revenue in terms of the judgment of a Division Bench of this Court dated 15 April 2009 in Commissioner of Income Tax v. Bajaj Hindustan Ltd. (ITA198 of 2009). The fifth question will therefore not raise any substantial question of law. In view of the statement which has been made by the learned counsel, the appeal, insofar as the first four questions are concerned, shall stand disposed of in terms of the judgment of this Court in Kalpataru Colours and Chemicals (supra). The Assessing Officer on remand shall pass fresh orders, in the light of the judgment of this Court. The appeal is accordingly disposed of. There shall be no order as to costs. (Dr. D.Y.Chandrachud, J.) (J.P. Devadhar, J.)