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. 2 OF 2006 INCOME TAX APPEAL No. 2 OF 2006 INCOME TAX APPEAL No. 2 OF 2006 Laffans Petrochemicals Ltd. ..Appellant. V/s. Joint Commissioner of Income-tax ..Respondent. Mr Atul Jasani, Advocate for the Appellant. Mr Vimal Gupta, Advocate for the Respondent. CORAM: Dr.S. RADHAKRISHNAN CORAM: Dr.S. RADHAKRISHNAN CORAM: Dr.S. RADHAKRISHNAN AND V.C.DAGA, JJ. AND V.C.DAGA, JJ. AND V.C.DAGA, JJ. DATED: 22ND OCTOBER, 2008. DATED: 22ND OCTOBER, 2008. DATED: 22ND OCTOBER, 2008. P.C.: P.C.: P.C.: ---- ---- ---- 1. Heard the learned counsel, Mr Atul Jasani, for the appellant and the learned counsel, Mr Vimal Gupta, for the respondent. 2. Mr Vimal Gupta, the learned counsel undertakes to file Vakalatnama on behalf of the Respondent within a period of three weeks from today. 3. Mr Vimal Gupta, learned counsel for the Respondent brought to our notice the judgment of the Supreme Court in the case of Apollo Tyres Ltd V. Apollo Tyres Ltd V. Apollo Tyres Ltd V. Commissioner of Income-tax 2002 ITR 273. Commissioner of Income-tax 2002 ITR 273. Commissioner of Income-tax 2002 ITR 273. After hearing the parties and after perusal of the judgment, we find that the question of law raised in the above appeal has been covered in favour of the Revenue and against the Assessee. In the light of the said judgment, no substantial question of law arises for our consideration. 4. In the result, the appeal is dismissed. (V.C. DAGA,J) (V.C. DAGA,J) (V.C. DAGA,J) (DR S. RADHAKRISHNAN,J) (DR S. RADHAKRISHNAN,J) (DR S. RADHAKRISHNAN,J)