( 1 ) IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.95 OF 2004 INCOME TAX APPEAL NO.95 OF 2004 INCOME TAX APPEAL NO.95 OF 2004 The Commissioner of Income Tax .. Appellant Vs. M/s.Mukund Ltd. .. Respondent Mr.P.S.Sahadevan for the Appellant. Ms.V.B.Patel for the Respondent. CORAM :- DR.S.RADHAKRISHNAN & CORAM :- DR.S.RADHAKRISHNAN & CORAM :- DR.S.RADHAKRISHNAN & S.J.KATHAWALLA, JJ. S.J.KATHAWALLA, JJ. S.J.KATHAWALLA, JJ. DATE : 28th July, 2008 DATE : 28th July, 2008 DATE : 28th July, 2008 P.C. P.C. P.C. 1. Heard the learned Counsel for the parties. Both the learned Counel for the parties categorically state that the question of law involved in this Appeal is squarely covered against the Revenue and in favour of the Assessee in view of the judgment of the Hon’ble Supreme Court in the case of Sandvik Asia Ltd. V/s.CIT Sandvik Asia Ltd. V/s.CIT Sandvik Asia Ltd. V/s.CIT - (2006) 280 ITR 643 (SC). - (2006) 280 ITR 643 (SC). - (2006) 280 ITR 643 (SC). In view thereof, the question of law involved in the present Appeal is answered in favour of the Assessee and against the Revenue. Appeal stands disposed of. (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.) (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.) (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.)