IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 21 OF 2007 INCOME TAX APPEAL NO. 21 OF 2007 INCOME TAX APPEAL NO. 21 OF 2007 The Commissioner of Income Tax Central-III, Mumbai ..Appellant versus M/s. Hindustan Polyamides & Fibres Ltd., Mumbai ..Respondent Mr. Vimal Gupta for the Appellant. Mr. S. J. Mehta for the Respondent. CORAM : BILAL NAZKI & CORAM : BILAL NAZKI & CORAM : BILAL NAZKI & A.A. KUMBHAKONI, JJ. A.A. KUMBHAKONI, JJ. A.A. KUMBHAKONI, JJ. DATE : 10TH JULY, 2008. DATE : 10TH JULY, 2008. DATE : 10TH JULY, 2008. P.C. P.C. P.C. . It is submitted at the Bar that the questions raised in this Appeal are covered by Judgment reported in [2007]290 ITR 667 (SC) [2007]290 ITR 667 (SC) [2007]290 ITR 667 (SC) Commissioner of Income Tax vs. Lakshmi Machine Commissioner of Income Tax vs. Lakshmi Machine Commissioner of Income Tax vs. Lakshmi Machine Works. Works. Works. Following the Judgment, the Appeal is dismissed. ( BILAL NAZKI, J. ) ( BILAL NAZKI, J. ) ( BILAL NAZKI, J. ) (A. A. KUMBHAKONI, J.) (A. A. KUMBHAKONI, J.) (A. A. KUMBHAKONI, J.)