IN THE HIGH COURT OF JUDICATURE AT BOMBAY VPH ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL No. 164 OF 2007 The Commissioner of Income Tax-I, Mumbai Appellant Vs. M/s. Kesar Enterprises Ltd. Respondent Mr. Vimal Gupta, for the appellant. Ms. Aasifa Khan, for the respondent. CORAM : BILAL NAZKI, & A. A. KUMBHKONI, JJ. DATE : JULY 29, 2008. PC :- 1. It is submitted that the questions raised in this appeal are squarely covered by the judgment of the Supreme Court, in the case of Commissioner of Income-Tax Commissioner of Income-Tax Commissioner of Income-Tax Vs. Vs. Vs. New Horizon Sugar Mills P. Ltd. [ (2004) ITR 397 ] New Horizon Sugar Mills P. Ltd. [ (2004) ITR 397 ] New Horizon Sugar Mills P. Ltd. [ (2004) ITR 397 ] against the revenue. Therefore, this appeal is dismissed. Sd/- [ BILAL NAZKI, J.] Sd/- [ A. A. KUMBHAKONI, J.]