1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH : NAGPUR. Income Tax Appeal No.32 of 2002 ( Commissioner of Income Tax-III, Nagpur .vs. M/s Mahinderkumar Vasantlal and Sons , Amravati ) ------------------------------------------------------------------------------------------------- Office Notes, Office Memoranda of Coram, appearances, Court's orders or directions Court's or Judge's orders. and Registrar's orders ======================================= .......... CORAM : A.P. LAVANDE & P.D. KODE, JJ. DATED : MARCH 20, 2009 Heard Mr. Anand Jaiswal, Advocate for the appellant. The issue raised in the present appeal is squarely covered by judgments of this Court in (1) Commissioner of Income Tax .vs. Associated Cement & Steel Agencies (1984) 147 ITR 776 (Bom), (2) Madhav Motors Stores .vs. Commissioner of Income Tax (1978) 115 ITR 887 (Bom) and (3) Commissioner of Income Tax .vs. Manjara Shetkari Sahakari Sakhar Karkhana Ltd. (2008) 301 ITR 191 (Bom) against the revenue. Hence the appeal is rejected. JUDGE JUDGE halwai 2