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.817 OF 2008 INCOME TAX APPEAL NO.817 OF 2008 INCOME TAX APPEAL NO.817 OF 2008 The CIT .. Appellant Vs. M/s.Walchandnagar Industries Ltd. .. Respondent Mr.R.Asokan for the Appellant. Ms.Vasanti B.Patel for the 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. DATE : 19th September, 2008 DATE : 19th September, 2008 DATE : 19th September, 2008 P.C. P.C. P.C. 1. Heard the learned Counsel for the parties. The learned Counsel for both the parties state that the question of law raised in this Appeal is squarely covered by an order passed by the Division Bench of this Court on 17.03.2008 in ITXA (L) No.109 of 2007 (The CIT ITXA (L) No.109 of 2007 (The CIT ITXA (L) No.109 of 2007 (The CIT V/s.M/s.Walchandnagar Industries Ltd.) V/s.M/s.Walchandnagar Industries Ltd.) V/s.M/s.Walchandnagar Industries Ltd.), in favour of the Assessee and against the Revenue. In view thereof, for the same reasons as recorded in the aforesaid order dated 17.03.2008 passed in ITXA (L) No.109/2007, the present Appeal No.817/2008 also stands dismissed. (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.) (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.) (S.J.KATHAWALLA, J.) (DR.S.RADHAKRISHNAN,J.)