1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.120 OF 2008 The Commissioner of Income Tax Central – I. ...Appellant vs. Shri.Juzar S. Khorakiwala. ...Respondent. --- Mr.J.D.Mistry with A.K.Jasani, for Appellant. CORAM: D.K.DESHMUKH & J.P.DEVADHAR, JJ. DATED: 18TH July, 2008. P.C.:- 1. Heard the learned Counsel appearing for appellant. We find that the Tribunal has found that there is no material on record to show that there is a contract even alleged for payment of interest, and therefore, in our opinion, no fault can be found with 2 the reasons that have been given by the Tribunal for recording the finding. Therefore, we do not see any reason to interfere. Appeal is rejected. (D.K.DESHMUKH, J.) (J.P.DEVADHAR, J.) ---