The C.I.T.B.C-Iii. v. M/S.Malers Development Services Pvt.Ltd.

suresh 247-ITR-457.1997.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO.457 OF 1997 The Commissioner of Income Tax, Bombay City-III, Bombay .... Applicant Vs.

M/s. Makers Development Services P. Ltd.

.... Respondent None for the parties.

CORAM: M.S. SANKLECHA & B.P. COLABAWALLA, JJ.

DATED: JANUARY 22, 2016 P.C:

1.

This Reference under Section 256(1) of the Income Tax Act, 1961 relates to the Assessment Years 1987-88, 1988-89 and 1989-90.

2.

None appears for the parties. It appears that the applicant/Revenue is not interested in pursuing the present Reference. 3.

In the above view, the question as posed for our opinion is being returned unanswered. However, it is made clear that the question, as raised, is left open for consideration in an appropriate case. This Reference is thus returned unanswered. 4.

The Reference stands disposed of in above terms. (B.P. COLABAWALLA, J.) (M.S. SANKLECHA, J.)