bgp IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.372 OF 2007 M/s.Batliwala and Karani ..Appellant Vs. Asstt.Commissioner of Income Tax ..Respondent Ms.Aarti Sathe i/b. Mandar M.Vaidya for appellant. CORAM :- V.C.DAGA & J.P.DEVADHAR,JJ. DATE : 28TH AUGUST, 2009 P.C. 1. Heard learned Counsel for the appellant. 2. The Tribunal has expressed its clear finding that the subject transaction was a doubtful transaction. In order to reach this conclusion, the Tribunal has taken into account the surrounding factors, absence of acknowledgment, date on which the entries were taken in the account books and if all these facts are taken into account, one cannot say that the finding recorded by the Tribunal is a perverse finding. In this view of the matter, appeal is without any substance and the same stands dismissed for want of substantial question of law with no order as to costs. (J.P.DEVADHAR,J.) (V.C.DAGA,J.)