1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.629 OF 2009 The Commissioner of Income Tax ..Appellant. Versus M/s.Grashim Industries Limited ..Respondent. Mr.P.S. Sahadevan i/by J.S. Saluja for the appellant. Mr.J.D. Mistry with Mr.A.K. Jasani for the respondent. CORAM : V.C. DAGA & J.P. DEVADHAR, JJ. DATE : 10TH JUNE, 2009 P.C. : 1. Heard learned counsel for the revenue. The issue sought to be raised in this appeal is squarely covered by the Supreme Court judgment in the case of Sandvik Asia Limited V/s. CIT & Others reported in [2006] 280 ITR 643 (SC). Even otherwise, the tax effect is less than Rs.4 lakhs. The appeal is therefore dismissed on both counts. (V.C. Daga, J.) (J.P. Devadhar, J.)