The C.I.T.B./C-V., v. M/S. Audco India Ltd.

1154-98-ITR=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO.1154 OF 1998 The Commissioner of Income-Tax Bombay City V, Bombay .. Applicant v/s.

M/s. Audco India Ltd.

.. Respondent Mr. Suresh Kumar a/w Ms. Samiksha Kanani for the applicant Mr. Atul Jasani for the respondent CORAM : M.S. SANKLECHA & A.K. MENON, J.J.

DATED : 11th JULY, 2016.

P.C.

1.

This Reference under Section 256(1) of the Income Tax Act, 1961 relates to Assessment Year 1978-79.

2.

It appears that the Revenue is not interested in pursuing the present Reference as they have not made any attempt to prepare the paper book nor take any steps necessary to bring the Reference to a final conclusion.

3.

In view of Rule 660 of the Bombay High Court (O.S.) Rules, we return the Reference unanswered as the Revenue applicant at whose Uday S. Jagtap

1154-98-ITR=.doc instance this Reference has been made, do not appear to be interested in pursuing the same. However, the questions as framed herein are left open to be considered in an appropriate case. 4.

The Income Tax Reference is disposed of in above terms. No order as to costs.

(A.K. MENON, J.) (M.S. SANKLECHA, J.) Uday S. Jagtap