1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L) NO.1271 OF 2008 The Commissioner of Income-tax – 17, Mumbai ..Appellant. Versus M/s.Synergy Fashions, Mumbai ..Respondent. Mr.D.K. Kamwal for the appellant. None for the respondent. CORAM : V.C. DAGA & J.P. DEVADHAR, JJ. DATE : 22nd JUNE, 2009 P.C. : 1. Heard learned counsel for the revenue. Office objections, if any are waived. Registry is directed to register the appeal. Taken up for hearing at this stage. 2. The only question sought to be canvassed is as to whether the interest received on Bank deposits was income from “business” and not “income from other sources”. The tribunal has recorded a finding of fact that the fixed deposits were made by the assessee with the bank as conditions to be complied with for availing credit facilities. Hence, the view taken by the tribunal cannot be faulted. In this view of the matter, no substantial question of law arises from the order of the tribunal. The appeal is thus dismissed with no order as to costs. (J.P. Devadhar, J.) (V.C. Daga, J.)