((-1-)) HVN IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 651 OF 2004 The Commissioner of Income Tax ... Appellant Versus M/s. Rachna Builders Pvt. Ltd. ... Respondent Mr. A. Kotangale for the Appellant. Mr. Arun Sathe, Sr. Counsel with Mr. Mandar Vaidya for Respondent. CORAM: F.I. CORAM: F.I. CORAM: F.I. REBELLO REBELLO REBELLO & J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. DATED: JULY 31, 2007 DATED: JULY 31, 2007 DATED: JULY 31, 2007 P.C.: P.C.: P.C.: . On behalf of the appellant the learned counsel states that the tribunal on merits have answered the issue in their favour but held against them on the point of jurisdiction against which the present appeal. Revenue to inform whether they had challenged the order of the tribunal on merits. S.O. for two weeks. (J.P.DEVADHAR, J.) (J.P.DEVADHAR, J.) (J.P.DEVADHAR, J.) (F.I.REBELLO, J.) (F.I.REBELLO, J.) (F.I.REBELLO, J.)