1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY O. O. C. J. INCOME TAX APPEAL (LODG.) NO.1193 OF 2010 The Commissioner of Income Tax-14 ..Appellant. Vs. M/s.Shah Nareshkumar & Co. ..Respondent. .... Mr. D.K.Kamwal for the Appellant. Mr.A.D.Shetty with Mr.R.V.Shetty and Ms.Rita K.Joshi for the Respondent. ..... CORAM : DR.D.Y.CHANDRACHUD & J.P.DEVADHAR, JJ. 29 June 2010. P.C. : By its impugned order the Tribunal has restored the matter to the Assessing Officer for a fresh decision in the light of the judgment in the case of Topman Exports v. ITO (ITA 5769/Mum/2006 dated 11 August 2009). By the judgment delivered today in the Commissioner of Income Tax v. Kalpataru Colours and Chemicals (ITA(L) 2887 of 2009), the view of the Tribunal in the case of Topman has been disapproved. In the circumstances, this appeal is disposed of, on the request of learned counsel for the 2 Revenue and the assessee, by directing the Assessing Officer to dispose of the proceedings in accordance with law and, while passing fresh orders to have due regard to the judgment of this Court in the case of Kalpataru Colours and Chemicals (supra). The appeal is accordingly disposed of. There shall be no order as to costs. (Dr. D.Y.Chandrachud, J.) (J.P. Devadhar, J.)