srk IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L) NO. 1485 OF 2008 The Commissioner of Income Tax – 3 ..Appellant Vs. M/s Bombay Cycle & Motor Agency Ltd. ..Respondent Mr. P.S. Sahadevan for the Appellant. Mr. V.B.Patel for the Respondent. CORAM :- V.C.DAGA & J.P. DEVADHAR ,JJ. DATE : 23rd June, 2009 P.C. Heard learned counsel for the parties. The question raised relates to the true scope and correct interpretation of Section 28 (iv) of the Income Tax Act, 19961, the issue involved in the present appeal has already been considered and answered by the Division Bench of this Court in the case of Mahindra and Mahindra Ltd. Vs. Commissioner of Income Tax (and vice versa) reported in 2003 (Vol.261) ITR 501. In this view of the matter, for the reasons stated therein, the appeal stands dismissed for want of substantial question of law. No order as to costs. (J.P. DEVADHAR, J.) (V.C.DAGA,J.)