IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION INCOME INCOME INCOME TAX APPEAL NO. 302 OF 2009 TAX APPEAL NO. 302 OF 2009 TAX APPEAL NO. 302 OF 2009 The Commissioner of Income-tax-8, Mumbai. ... Appellant. V/s. Kolsite Maschine Fabrik Ltd. ... Respondent. Suresh Kumar for the appellant. S.E.Dastur, senior counsel with Nitesh Joshi i/b. A.K.Jasani for the respondent. CORAM CORAM CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. : V.C.DAGA AND J.P.DEVADHAR, JJ. : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED DATED DATED : 20th April 2009. : 20th April 2009. : 20th April 2009. P.C. P.C. P.C. : : : ---- ---- ---- . Heard learned counsel for the rival parties. Perused appeal. 2. The Tribunal while considering the submission made on the basis of section 145A of the Income Tax Act, 1961 ruled that if there was any change in the closing stock at the end of the year, then there must necessarily be a corresponding adjustment made in the opening stock of that year. The said view is in consonance with the view taken by the Division Bench of this Court in I.T.Appeal No.192/2009 (C.I.T. v. M/s.The Mahalaxmi Glass Works C.I.T. v. M/s.The Mahalaxmi Glass Works C.I.T. v. M/s.The Mahalaxmi Glass Works Pvt.Ltd. Pvt.Ltd. Pvt.Ltd.) decided on 1st April, 2009. 3. In the above view of the matter, no substantial question of law is involved in this appeal. Appeal is dismissed in limine with no order as to costs. (J.P.DEVADHAR, (J.P.DEVADHAR, (J.P.DEVADHAR, J.) J.) J.) (V.C.DAGA (V.C.DAGA (V.C.DAGA J.) J.) J.)