bgp IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L) NO.2425 OF 2009 WITH INCOME TAX APPEAL (L) NO.2426 OF 2009 The Commissioner of Income Tax ..Appellant Vs. Seva Vikas Co.op. Bank Ltd. ..Respondent Mr.Vimal Gupta for appellant. None for respondent. CORAM :- V.C.DAGA & J.P.DEVADHAR,JJ. DATE : 16th NOVEMBER, 2009 P.C. 1. Heard. Perused appeal. 2. Perusal of the impugned order clearly shows that the view taken by the Tribunal is a reasonable and possible view. No fault can be found with the impugned order for the reasons recorded therein. Apart from this, there is an exemption in favour of the banking industries from the operation of Section 269T of the Income Tax Act. In this view of the matter, no substantial question of law is involved in both the appeals. The appeals are, therefore, dismissed with no order as to costs. (J.P.DEVADHAR,J.) (V.C.DAGA,J.)