:1: bgp bgp bgp 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 REFERENCE NO.121 OF 1993 TAX REFERENCE NO.121 OF 1993 TAX REFERENCE NO.121 OF 1993 The Commissioner of Income Tax, ..Appellant Vs. M/s.Maharashtra State Financial Corporation ..Respondent Mr.Vimal Gupta for the Appellant. Mr.Nishant Thakkar i/b. Mulla & Mulla for the Respondent. CORAM CORAM CORAM :- DR.S.RADHAKRISHNAN & :- DR.S.RADHAKRISHNAN & :- DR.S.RADHAKRISHNAN & S.J.KATHAWALLA, S.J.KATHAWALLA, S.J.KATHAWALLA, JJ. JJ. JJ. DATE DATE DATE : 5TH AUGUST, 2008 : 5TH AUGUST, 2008 : 5TH AUGUST, 2008 P.C. P.C. P.C. . Heard the learned Counsel for the parties. Mr.Gupta states that the question of law referred in the above, has already been answered in favour of the Assessee and against the Revenue in the case of Commissioner Commissioner Commissioner of Income Tax Vs. Andhra Pradesh State of Income Tax Vs. Andhra Pradesh State of Income Tax Vs. Andhra Pradesh State Financial Financial Financial Corporation (1998) 233 ITR 195 Corporation (1998) 233 ITR 195 Corporation (1998) 233 ITR 195. In view thereof, the above Reference stands answered in favour of the Assessee and against the Revenue. (S.J.KATHAWALLA,J.) (S.J.KATHAWALLA,J.) (S.J.KATHAWALLA,J.) (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.)