=1= IN IN IN THE THE THE HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION INCOME INCOME INCOME TAX TAX TAX APPEAL NO.647 OF 2008 APPEAL NO.647 OF 2008 APPEAL NO.647 OF 2008 The Commissioner of Income Tax-4, Aayakar Bhavan, Mumbai 400 020 ...Appellant v/s M/s ULJK Securities Pvt.Ltd., Fort, Mumbai 400 023 ...Respondents Mr Vimal Gupta for Appellant. None for Respondents. CORAM CORAM CORAM : D.K. DESHMUKH AND J.P. DEVADHAR JJ. : D.K. DESHMUKH AND J.P. DEVADHAR JJ. : D.K. DESHMUKH AND J.P. DEVADHAR JJ. DATE DATE DATE : 23RD SEPTEMBER 2008 23RD SEPTEMBER 2008 23RD SEPTEMBER 2008 =2= P.C.- 1. Heard learned counsel appearing for the appellant. There is no dispute that the loan was taken in the year 2000-01 from the bank and it was utilised for the purpose of business. In this view of the matter therefore, no question of law arises. Appeal is rejected. . Parties to act on the copy of this order duly authenticated by the Associate / Private Secretary of the Court. . Certified copy is expedited. ( D.K. DESHMUKH J.) ( J.P. DEVADHAR J.)