IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.60 OF 2004 The Commissioner of Income-tax ...Appellant Versus M/s.Kanakdhara Traders Pvt.Ltd. ...Respondents ...... Mr.Vimal Gupta for Appellant. Mr.J.D.Mistry i/b Mr.Raj Darak for Respondents. ...... CORAM: SWATANTER KUMAR, C.J. & CORAM: SWATANTER KUMAR, C.J. & CORAM: SWATANTER KUMAR, C.J. & V.M.KANADE, J. V.M.KANADE, J. V.M.KANADE, J. DATED: JUNE 19, 2008. DATED: JUNE 19, 2008. DATED: JUNE 19, 2008. P.C. P.C. P.C. 1. It has been fairly pointed out before us that the question of law formulated in the present case is squarely covered by the Division Bench Judgment of this Court in Income-tax Application No.11/1999 - Commissioner of Income-tax vs. Lazor Syntex Limited). 2. In view of the settled position, we are of the view that no substantial question of law arises for consideration of the Court. : 2 : 3. The Appeal is dismissed, leaving the parties to bear their own costs. CHIEF JUSTICE V.M.KANADE, J.