:1: bg bg bg p IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION INCOME INCOME INCOME TAX APPEAL NO.725 OF 2007 TAX APPEAL NO.725 OF 2007 TAX APPEAL NO.725 OF 2007 The Commissioner of Income Tax ..Appellant Vs. M/s.Innova Tradecom Pvt.Ltd. ..Respondent Mr.B.M.Chatterji for the Appellant. Mr.J.D.Mistry with Mr.Raj Darak for the Respondent. CORAM CORAM CORAM :- DR.S.RADHAKRISHNAN & :- DR.S.RADHAKRISHNAN & :- DR.S.RADHAKRISHNAN & A.V.NIRGUDE, A.V.NIRGUDE, A.V.NIRGUDE, JJ. JJ. JJ. DATE DATE DATE : 2ND JULY, 2008 : 2ND JULY, 2008 : 2ND JULY, 2008 P.C. P.C. P.C. . Heard the learned Counsel for the parties. The learned Counsel for both the parties categorically state that the question of law raised in the above Appeal is squarely covered against the Revenue in view of the judgment of this court in the matter of The The The Commissioner Commissioner Commissioner of Income Tax Vs. M/s.Akshay Textiles of Income Tax Vs. M/s.Akshay Textiles of Income Tax Vs. M/s.Akshay Textiles Trading Trading Trading & Agencies Pvt.Ltd. in Income Tax Appeal & Agencies Pvt.Ltd. in Income Tax Appeal & Agencies Pvt.Ltd. in Income Tax Appeal No.607 No.607 No.607 of 2005, dated 17th October,2007 of 2005, dated 17th October,2007 of 2005, dated 17th October,2007. In view thereof, the Appeal stands dismissed. (A.V.NIRGUDE,J.) (A.V.NIRGUDE,J.) (A.V.NIRGUDE,J.) (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.)