In this regard, it is relevant to note the following
observation of Hon'ble Jurisdictional High Court in Hindustan Lever Ltd vs
R.B.Wadkar: [2004] 268 ITR 332 (Bom.):
19. At this stage, it is relevant to note the following observation of Hon'ble
Jurisdictional High Court in PCIT vs Shodiman Investments (P.) Ltd., [2020]
422 ITR 337 (Bom.):