-1- IN THE HIGH COURT OF JUDICATURE AT BOMBAY O.O.C.J. Income Tax Appeal No. 926 of 2008 The Commissioner of Income Tax ..Appellant vs. M/s Grasim Industries Ltd. ..Respondent Mr.S.J.Saluja for appellant. Mr.J.D.Mistri with Mr. A.K.Jasani for respondent. CORAM: Dr.S.RADHAKRISHNAN & CORAM: Dr.S.RADHAKRISHNAN & CORAM: Dr.S.RADHAKRISHNAN & S.J.KATHAWALLA JJ. S.J.KATHAWALLA JJ. S.J.KATHAWALLA JJ. 10th September,2008 10th September,2008 10th September,2008 P.C. P.C. P.C. 1. Heard the learned Counsel appearing for the appellant and the learned Counsel appearing for the respondent. 2. Mr.Saluja states that in view of the judgment of the Supreme Court in the case of Sandvik Asia Ltd. Vs. Commissioner of Income Tax and others reported in 280 ITR 643 (SC), the appellant will pay requisite interest to the respondent/assessee as per the provisions of the Income Tax Act, 1961 in accordance with law. In view thereof nothing further survives in the appeal. Appeal stands disposed of. No order as to costs. -2- (S.J.KATHAWALLA J.) (Dr.S.RADHAKRISHNAN J.) (S.J.KATHAWALLA J.) (Dr.S.RADHAKRISHNAN J.) (S.J.KATHAWALLA J.) (Dr.S.RADHAKRISHNAN J.)