bgp IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1759 OF 2009 Heaven Diamonds Pvt. Ltd. ..Appellant Vs. The Commissioner of Income Tax ..Respondent Mr.S.N.Acharya for appellant. Mr.P.S.Sahadevan for respondent. CORAM :- V.C.DAGA & J.P.DEVADHAR,JJ. DATE : 17TH SEPTEMBER, 2009 P.C. 1. Heard learned Counsel for the parties. 2. The findings recorded by the Tribunal relying on the judgment of the Apex Court in the case of CIT Vs. Gem India Manufacturing Co. (2001) 249 ITR 307, cannot be faulted. In this view of the matter, appeal stands dismissed for want of substantial question of law with no order as to costs. (J.P.DEVADHAR,J.) (V.C.DAGA,J.)