1 ITA 283-2003 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 283 OF 2003 The Commissioner of Income Tax-3, Mumbai ...Appellant vs. M/s.Shangrila Investment & Trading Co.Pvt.Ltd. ...Respondent Mr.Vimal Gupta i/b. Devki Iyer for the Appellant. Mr.J.D. Mistry, Senior Counsel with Mr.P.C. Tripathi i/b. Mr.Raj Dara for the Respondent. CORAM : J.P. DEVADHAR AND MRIDULA BHATKAR, JJ. DATED : DECEMBER 1, 2010 P.C. :- The learned Counsel for the parties state that the questions raised in this appeal are covered against the Revenue by the decision of this Court in the case of The Commissioner of Wealth Tax , City III, Mumbai Vs. M/s.Akshya Textiles Trading & 2 ITA 283-2003 Agencies Pvt. Ltd. (Wealth Tax Appeal No.313/2003). For reasons stated therein, the present appeal is dismissed. (MRIDULA BHATKAR, J.) (J.P. DEVADHAR, J.)