1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 489 OF 2006 The Commissioner of Income Tax, City-III, Mumbai. ..... ..... Appellant. Versus M/s. Deepak Overseas Pvt. Ltd. ..... ....... Respondent. Mr. Vimal Gupta for the Appellant. Ms. Beena Pillai i/by M/. D. M. Harish & Co., for the Respondent. CORAM : BILAL NAZKI and A. A. KUMBHAKONI, JJ. DATED : 7TH JULY, 2008. P.C.: It is stated at the Bar that the questions of law framed in this appeal are covered by the judgment of the Supreme Court in Commissioner of Income Tax v/s Lakshmi Machine Works, reported in [2007] 290 ITR 667 (SC), in favour of the assessee. Hence the appeal is dismissed. (BILAL NAZKI, J.) (A.A.KUMBHAKONI, J.)