( 1 ) IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.827 OF 2008 INCOME TAX APPEAL NO.827 OF 2008 INCOME TAX APPEAL NO.827 OF 2008 WITH WITH WITH INCOME TAX APPEAL NO.828 OF 2008 INCOME TAX APPEAL NO.828 OF 2008 INCOME TAX APPEAL NO.828 OF 2008 The Commissioner of Income Tax .. Appellant Vs. M/s.Highland Footwear and Accessories .. Respondent Mr.P.S.Sahadevan with Mr.Vimal Gupta for the Appellant. Mr.B.V.Jhaveri for the Respondent. CORAM :- DR.S.RADHAKRISHNAN & CORAM :- DR.S.RADHAKRISHNAN & CORAM :- DR.S.RADHAKRISHNAN & S.J.KATHAWALLA, JJ. S.J.KATHAWALLA, JJ. S.J.KATHAWALLA, JJ. DATE : 20th August, 2008 DATE : 20th August, 2008 DATE : 20th August, 2008 P.C. P.C. P.C. 1. Heard the learned Counsel for the parties. The learned Counsel for both the parties state that the question of law raised in these Appeals is squarely covered against the Revenue and in favour of the Assessee by the judgment of this Court passed in Income Tax Appeal No.367 of 2002 and other connected Appeals on 3rd March, 2008 (in the case of CIT V/s.M/s.Metro Shoes Ltd.). In view thereof, the question of law raised in the present Appeals is answered against the Revenue and in favour of the Assessee. Both the Appeals stand disposed of. (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.) (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.) (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.)