1 ITA-Lg-1738 PGK IN THE HIGH COURT OF JUDICATURE AT BOMBAY O.O.C.J. Income Tax Appeal (Lodging) No.1738 of 2010 The Commissioner of Income-Tax-1, Pune ... Appellant v/s. Akaksh Tatva Investments Pvt. Ltd. ... Respondent Mr.Vimal Gupta for Appellant. ----- CORAM : J.P. DEVADHAR & SMT.ROSHAN DALVI, JJ. DATED : 15th March 2011 P.C.: 1.Only question raised in this Appeal is whether the ITAT was justified in setting aside the order passed by the CIT under Section 263 of the Income Tax Act, 1961. 2.Counsel for the Revenue fairly states that similar question raised has been answered against the Revenue by this Court in the case of CIT-3, Mumbai vs. M/s.Nikhil Investment Company Pvt. Ltd. (Income Tax Appeal (Lodging) No.3006 of 2009, decided on 15th March 2010). 3.For the reasons stated therein, the present Appeal is dismissed. (SMT.ROSHAN DALVI, J.) (J.P. DEVADHAR, J.)