M/S. Mohatta Heckal Ltd. v. The C.I.T.B.C-Iv.

184-99-ITR=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO.184 OF 1999 M/s. Mohatta Heckal Ltd.

.. Applicant v/s.

The Commissioner of Income Tax, Bombay City IV, Bombay .. Respondent Mr. Ravi Rattesar i/b D.M. Harish & Co. for the applicant None for the respondent CORAM : M.S. SANKLECHA & A.K. MENON, J.J.

DATED : 5th AUGUST, 2016.

P.C.

1.

This Reference under Section 256(1) of the Income Tax Act, 1961 (the Act) relates to Assessment Year 1981-82. 2.

Mr. Rattesar, learned Counsel appearing in support of the applicant assessee states that he has been instructed not to press the present Reference.

3.

In the circumstances, the Reference is being returned unanswered. However, the questions as framed for our opinion in this Reference are left open to be considered in an appropriate case, if not already decided.

4.

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

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