bgp IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.855 OF 2009 The Commissioner of Income Tax ..Appellant Vs. Subash Ghai ..Respondent Mr.B.M.Chatterjee i/b. Mr.P.S.Sahadevan for appellant. Mr.Ajay R.Singh for respondent. CORAM :- V.C.DAGA & J.P.DEVADHAR,JJ. DATE : 28TH JULY, 2009 P.C. Heard learned Counsel for the parties. 2. Both the authorities below have recorded findings of fact that the Assessee has given reasonable explanation as to why the project was required to be abandoned. The Tribunal has relied upon the judgment in the case of B.Nagi Reddy 199 ITR 451. During the course of hearing, it transpired that pursuant to the directions issued by the CIT(A), the Assessing Officer has actually verified the factual aspects of the matter and vide his order dated 22nd November, 2004 revised the assessment. The said order has become final. In this view of the matter, appeal stands dismissed for want of substantial question of law with no order as to costs. (J.P.DEVADHAR,J.) (V.C.DAGA,J.)