ITA No. 75 of 2007 Hon’ble Tarun Agarwala, A.C.J. Hon’ble U.C. Dhyani, J. Heard Shri Arvind Vashistha, the learned counsel for the appellants and Shri S.K. Posti, the learned counsel for the assessee. Vakalatnama of Shri S.K. Posti, the learned counsel appearing for the assessee is taken on record. The controversy involved in the present appeal is squarely covered by a decision of this Court in Commissioner Income Tax Vs. Enron Oil and Gas India Ltd. [2008] 305 ITR 68 which judgment has been affirmed by the Supreme Court in Commissioner Income Tax Vs. Enron Oil and Gas India Ltd. [2008] 305 ITR 75 (SC). In view of the aforesaid, the appeal is dismissed with no order as to cost. (U.C. Dhyani, J.) (Tarun Agarwala, A.C.J.) 14.10.2011 Shiv