Johnson Andjohnson Ltd. v. The C.I.T,B.C-V.

1200-98-ITR=.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO.1200 OF 1998 Johnson & Johnson Ltd.

.. Applicant v/s.

The Commissioner of Income-tax, Bombay City-V, Bombay .. Respondent Mr. Subhash Shetty 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 1979-80. 2.

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

3.

In the aforesaid circumstances, the Reference is 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