bgp IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1611 OF 2009 The Commissioner of Income Tax ..Appellant Vs. The Hongkong and Shanghai Banking Corporation Ltd. ..Respondent Mr.P.S.Sahadevan for appellant. Mr.P.J.Pardiwalla, Senior Advocate with Mr.B.D.Damodar i/b.Kanga & Co. for respondent. CORAM :- V.C.DAGA & J.P.DEVADHAR,JJ. DATE : 8TH SEPTEMBER, 2009 P.C. Heard learned Counsel for the parties. 2. Learned Counsel for the appellant fairly states that the issue sought to be raised in the appeal is squarely covered by the judgment of this Court in the case of CIT Vs. Nicholas Piramal India Ltd. (2008) 299 ITR 356 (Bom.) and the same has been affirmed by the Apex Court in the case of CIT Vs. L & T. In this view of the matter, no substantial question of law is involved in the appeal. The appeal stands dismissed with no order as to costs. (J.P.DEVADHAR,J.) (V.C.DAGA,J.)