IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.78 OF 2001 The C.I.T. Mumbai City-I ..Appellant Versus M/s. Apar Ltd., ..Respondent ---- Mrs.P.P.Bhosale for the appellant. ---- Coram : F.I.Rebello & Coram : F.I.Rebello & Coram : F.I.Rebello & R.S.Mohite,JJ R.S.Mohite,JJ R.S.Mohite,JJ Date : 4.2.2008 PC 1. The questions of law are as formulated in paragraph-5 of the memo of appeal. 2. The first question is covered by the judgment reported in 261 ITR 275. The second question is covered by the judgment reported in 248 ITR 723 and the third question is covered by the judgment reported in 250 ITR 506. All questions are answered in favour of the assessee. 3. In the light of that, appeal stands dismissed. (R.S.Mohite,J) (F.I.Rebello,J) (R.S.Mohite,J) (F.I.Rebello,J) (R.S.Mohite,J) (F.I.Rebello,J)