IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1277 OF 2009 The Commissioner of Income-tax-, ... Appellant. V/s. M/s.Tips Films P.Ltd. ... Respondent. P.S.Sahadevan for the appellant. Deepak Tralshawala with V.S.Hadade for the respondent. CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 13th August 2009. P.C. : Heard learned counsel for the rival parties. 2. Both counsel agree that so far as first question is concerned the same is covered by the judgment of this Court in the case of C.I.T. v. Penwalt India Ltd., (1992) 196 ITR 813 and the second question is covered by another judgment of this Court in CIT v. D.K.Kondke, (1991) 192 ITR 128. In this view of the matter, we see no substantial question of law involved in this appeal. Appeal is, therefore, dismissed in limine with no order as to costs. (J.P.DEVADHAR, J.) (V.C.DAGA J.)