-1- IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION Income Tax Application No.26 of 2001 The Commmissioner of Income Tax, Mumbai City I, Mumbai. ... Applicant v/s. M/s.Tata Chemicals Ltd. .. ... Respondent Mr.Parag Vyas for the applicant. Mr.P.C. Tripathi for the respondent. ----- CORAM : H.L. GOKHALE & CORAM : H.L. GOKHALE & CORAM : H.L. GOKHALE & J.P. DEVADHAR, JJ. J.P. DEVADHAR, JJ. J.P. DEVADHAR, JJ. DATED : 21st November 2005 DATED : 21st November 2005 DATED : 21st November 2005 P.C. : P.C. : P.C. : 1. Heard Mr.Vyas for the applicant. Mr.Tripathi appears for the respondent. 2. The Counsel for the revenue accepts that the issue which is sought to be raised in this Application is covered against it in the decision rendered by a Division Bench of this Court in Income Tax Application No.23 of 2001 decided on Income Tax Application No.23 of 2001 decided on Income Tax Application No.23 of 2001 decided on 25th October 2005 between the Commissioner of 25th October 2005 between the Commissioner of 25th October 2005 between the Commissioner of Income Tax and M/s.Tata Chemicals Ltd. Income Tax and M/s.Tata Chemicals Ltd. Income Tax and M/s.Tata Chemicals Ltd. 3. In view thereof, there is no reason to interfere. Application stands rejected. (H.L. GOKHALE, J.) (H.L. GOKHALE, J.) (H.L. GOKHALE, J.) -2- (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)