1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1715 OF 2009 The Commissioner of Income Tax, City VII ..Appellant. Versus M/s.Penwalt India Limited ..Respondent. Mr.Suresh Kumar for the appellant. None for the respondent. CORAM : V.C. DAGA & J.P. DEVADHAR, JJ. DATE : 25TH SEPTEMBER 2009 P.C. : 1. Heard learned counsel for the revenue. So far as second question is concerned, the assessee has followed project completion method and that method was accepted by the revenue almost for a period of four years. In these circumstances, no substantial question of law said to arise in this appeal. 2. So far as first question is concerned, the view taken by the Tribunal in earlier assessment year has become final and conclusive. Hence, no substantial question of law arises in this appeal. The appeal is thus dismissed with no order as to costs. (J.P. Devadhar, J.) (V.C. Daga, J.)