hvn IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1057 OF 2007 The Commissioner of Income Tax ... Appellant The Commissioner of Income Tax ... Appellant The Commissioner of Income Tax ... Appellant Versus Fifty Fifty Finance & Management.. Respondent Mr.Suresh Kumar for the Appellant. Mrs. Usha I. Dalal for Respondent. CORAM: F.I. REBELLO, & CORAM: F.I. REBELLO, & CORAM: F.I. REBELLO, & R.S. MOHITE, JJ. R.S. MOHITE, JJ. R.S. MOHITE, JJ. DATED: FEBRUARY 17, 2009 DATED: FEBRUARY 17, 2009 DATED: FEBRUARY 17, 2009 P.C. P.C. P.C. . The appeal is in respect of Assessment year 2001-2002. The question of law as raised by the revenue is contained in Para 4 of the appeal memo. In our opinion, would be covered by the ratio of the judgment of this court reported in 219 CTR 409. Considering the above, there is no merit in this appeal which is accordingly dismissed. (R.S. MOHITE, J.) (R.S. MOHITE, J.) (R.S. MOHITE, J.) (F.I. REBELLO,J.) (F.I. REBELLO,J.) (F.I. REBELLO,J.)