1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 555 OF 2007 The Commissioner of Income Tax-3...... ..... Appellant. Versus M/s. Bhagirath Traders P.Ltd. ..... ..... Respondent. Mr. Vimal Gupta for the Appellant. Mr. J. D. Mistry with Mr. Atul Jasani for the Respondent. CORAM : BILAL NAZKI and A. A. KUMBHAKONI, JJ. DATED : 24TH SEPTEMBER, 2008. P.C.: We have heard the learned Counsel appearing for the parties. The three questions framed in this appeal are squarely covered by the Judgment of the Supreme Court in Apollo Tyres Ltd. V/s Commissioner of Income Tax, reported in (2002) 255 ITR 273 followed by the judgment of this Court in Income Tax Appeal No. 607 of 2005 against the Department. Another question which is framed as a last question in paragraph 4 of the appeal is covered by the Judgment of this Court in Income Tax Appeal No. 252 of 2 2006. 2. This appeal is, accordingly, dismissed. Sd/- (BILAL NAZKI, J.) Sd/- (A. A. KUMBHAKONI, J.)