1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.31 OF 2005 The Commissioner of Income Tax ..Appellant. V/s. Naheshri Marketing Ltd. ..Respondent. Mr. A.S. Shivsharan for appellant. Mr. K.C. Pandey for respondent. CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 5TH OCTOBER, 2009. P.C. :- 1. Heard learned counsel for the rival parties. Perused appeal. 2. The appeal was admitted on 16th October, 2007 on the following substantial question of law:- " Whether on the facts and in the circumstances of the case and in law, the Tribunal erred in deleting the additions of Rs.47,02,875/- made by the assessing officer to the taxable income of the assessee u/s.68 of the Act ? " 3. The affidavit filed by Mr. Surendra M. Khandar is taken on record. In the said affidavit he has made an unequivocal statement on oath that he has accepted the additions of the peak of all the parties marked as annexure 3 of 110 bank accounts which includes the addition of Rs. 2 47,02,875/- . In this view of the matter, the deletion of additions cannot be faulted. The view taken by the Tribunal is a reasonable and possible view. No perversity in the order could be pointed out by the learned counsel for the Revenue. In this backdrop, no substantial question of law warranting adjudication is involved in the appeal. The appeal is thus dismissed with no order as to costs. (J.P.DEVADHAR, J.) (V.C.DAGA, J.)