1 ITA 150-2010 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 150 OF 2010 Forbes & Company Limited ...Appellant vs. The Assistant Commissioner of Income Tax, Circle 1(1), Mumbai ...Respondent Mr.Prakash Shah with Mr.J. Sanghvi i/b. M/s.P.D.S. Legal for the Appellant. Mr.Vimal Gupta for the Respondent. CORAM : J.P. DEVADHAR AND MRIDULA BHATKAR, JJ. DATED : DECEMBER 1, 2010 P.C. :- 1 The learned Counsel for the parties state that the questions raised in this appeal are covered by the decision of this Court in the case of Godrej and Boyce Mfg.Co.Ltd. vs. Deputy Commissioner of Income-Tax and another, reported in (2010) 328 ITR 81 (Bom). 2 ITA 150-2010 2 In this view of the matter, the impugned order passed by the Income Tax Appellate Tribunal dated 21st May, 2009 in ITA No.6126/M/2007 relating to Assessment Year 2000-2001 is quashed and set aside and the matter is restored to the file of Income Tax Appellate Tribunal for passing an order afresh order, in accordance with law. 2 All contentions of both the parties are kept open. 3 Appeal is disposed of. (MRIDULA BHATKAR, J.) (J.P. DEVADHAR, J.)