1 itxa2516-10 agk IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.2516 OF 2010 The Commissioner of Income Tax - 7, Mumbai ..Appellant. Versus SPL Corrosion Control Services Limited ..Respondent. Mr.Suresh Kumar for the appellant. None for the respondent. CORAM : J.P. Devadhar & A.A. Sayed, JJ. DATE : 25th July, 2011. P.C. : 1. The basic question raised in this appeal is, whether the Income Tax Appellate Tribunal was justified in canceling the order of the Commissioner of Income Tax passed under Section 263 of the Income Tax Act, 1961. 2. The learned counsel for the Revenue fairly states that the questions raised in this appeal are already answered by this Court against the Revenue in the case of CIT V/s. Nikhil Investment Company Private Limited, being Income Tax Appeal (L) No.3006 of 2009, decided on 15th March 2010. 3. For the reasons stated therein, the present appeal is also dismissed with no order as to costs. (A.A. Sayed, J.) (J.P. Devadhar, J.)