:1: IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION INCOME INCOME INCOME TAX APPLICATION NO.188 OF 2002 TAX APPLICATION NO.188 OF 2002 TAX APPLICATION NO.188 OF 2002 The Director of Income-Tax (Exemption) ..Applicant Vs. Mrs.Vijayalaxmi Navinchandra Mafatlal ..Respondent Mr.Ashok N.Kotangale for the Applicant. None for the Respondent. CORAM CORAM CORAM :- DR.S.RADHAKRISHNAN & :- DR.S.RADHAKRISHNAN & :- DR.S.RADHAKRISHNAN & J.P.DEVADHAR,JJ. J.P.DEVADHAR,JJ. J.P.DEVADHAR,JJ. DATE DATE DATE : 9TH JANUARY,2007 : 9TH JANUARY,2007 : 9TH JANUARY,2007 P.C. P.C. P.C. 1. Heard the learned Counsel for the Applicant. The learned Counsel for the Applicant Mr.Kotangale fairly states that the issue raised in the present Application is squarely covered against the Revenue by the Division Bench judgment of our High Court in the case of Commissioner of Income-Tax Vs. Indo Oceanic Commissioner of Income-Tax Vs. Indo Oceanic Commissioner of Income-Tax Vs. Indo Oceanic Shipping Shipping Shipping Co.Ltd., ITR 2001 (Vol.247) P.247 Co.Ltd., ITR 2001 (Vol.247) P.247 Co.Ltd., ITR 2001 (Vol.247) P.247. In view thereof, the Application stands dismissed. (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.) (J.P.DEVADHAR,J.) (J.P.DEVADHAR,J.) (J.P.DEVADHAR,J.)