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. 1245 OF 2007 TAX APPEAL NO. 1245 OF 2007 TAX APPEAL NO. 1245 OF 2007 The Commissioner of Income-tax-24, Mumbai. ... Appellant. V/s. M/s.Sagar Malkani Associates. ... Respondent. Ms.Suchitra Kamble for the appellant. 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 : 9th April 2009. : 9th April 2009. : 9th April 2009. P.C. P.C. P.C. : : : ---- ---- ---- . Heard learned counsel for the parties. Perused appeal papers. 2. All the questions sought to be raised in this appeal revolve around the appreciation of evidence with respect to subject transaction. 3. We were taken through the order of the Tribunal of which para-7 clearly demonstrates that the findings are based on appreciation of evidence. 4. In the above view of the matter, no substantial question of law arises from the order of the Tribunal. Appeal is, therefore, 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.)