1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.205 OF 2008 The Commissioner of Income Tax-4 ...Appellant vs. M/s.Spica Elastic Ltd. ...Respondent. --- Mr.V.G.Gupta, for appellant. Mr.J.D.Mistry with Mr.Damle i/b. M/s.Kanga & Co., for Respondent. CORAM: D.K.DESHMUKH & J.P.DEVADHAR, JJ. DATED: 18TH July, 2008. P.C.:- 1. Perusal of the order of the Tribunal shows that the Tribunal relying on the fact that for the purpose of determining leave and licence fees, a valuation report was called and the valuation was done by a reputed person, has held that there was no room to make any deduction from the agreed fee. This 2 is purely a finding of fact recorded by the tribunal on the material available on record and the inference has been drawn by the tribunal on the material available on record. No question of law arises. Appeal is, therefore, rejected. (D.K.DESHMUKH, J.) (J.P.DEVADHAR, J.) ---