1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORIGINAL SIDE INCOME TAX APPEAL NO.531 OF 2001 The Commissioner of Income-tax, Mumbai city IX, Mumbai. Appellant vs. Lokhandwala Construction Inds. Ltd. Respondent Mr. R.V. Desai, senior counsel with Mr.Vijay Kantharia i/b. Mr.H.D. Rathod for the appellant. Mr. Rajesh Shah for the respondent. CORAM : R. M. LODHA & J.P. DEVADHAR,JJ. DATED : 25th August 2004 P.C. Heard Mr.R.V.Desai, the learned senior counsel for the revenue. 2. The proposed issue in this appeal is squarely concluded by the Division Bench judgment of this Court in Commissioner of Income-tax v. Lokhandwala Construction Inds.Ltd., 260 ITR 579. 2 3. In view thereof, it cannot be said that any question of law arises in this appeal. 4. Appeal is dismissed in limine. (R.M. (R.M. (R.M. LODHA, J.) LODHA, J.) LODHA, J.) (J.P. (J.P. (J.P. DEVADHAR,J.) DEVADHAR,J.) DEVADHAR,J.)