IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (LDG.) NO. 2272 OF 2009 Time Technoplast Ltd. ... Appellant. V/s. The Deputy Commissioner of Income Tax. ... Respondent. Sameer G. Dalal for the appellant. Suresh Kumar for the respondent. CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 3rd November 2009. P.C. : Office objections are overruled. Office to register the appeal. 2. Appeal is admitted on the following substantial questions of law: (i)Whether, on the fcts and the circumstances and in law, the Tribunal erred in confirming the action of the Respondent in replacing the Written Down Value (WDV) of the fixed assets of Daman-II and Baddi units? (ii) Whether, on the facts and the circumstances and in law, the Tribunal erred in confirming the action of the respondent in recalculating depreciation on reivsed Written Down Value (WDV) of the fixed assets of Daman-II and Baddi units? 3. Learned counsel for the respondent waives service. Appeal is taken up for hearing by consent of parties. 4. Learned counsel for both parties agree that the aforesaid questions should be answered in favour of the revenue and against the assessee for the reasons recorded in Full Bench judgment of this Court dated 16th October, 2009 delivered in ITXA No.1282/2007 in the case of Plastiblends India Limited v. Addl.Commissioner of Income Tax & Anr. 5. In view of the above, both the questions are answered in favour of the revenue and against the assessee. Appeal is disposed of accordingly with no order as to costs. (J.P.DEVADHAR, J.) (V.C.DAGA J.)