The C.I.T.B.C-V. v. Needle Roller Bearing Co.Ltd.

74 ITR 615 OF 1998.doc vks

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO. 615 OF 1998 The Commissioner of Income Tax Bombay ... Applicant.

V/s.

M/s Needle Roller Bearing Co. Ltd.

... Respondent None for the applicant.

None for respondent.

CORAM : M. S. SANKLECHA & DR. SHALINI PHANSALKAR-JOSHI, JJ.

DATE : 15 th JANUARY, 2016.

P.C.:

1.

This Reference under Section 256(1) of the Income Tax Act relates to assessment year 1980-81, 1981-82. None appears for the Revenue in support of the Application. It appears that the Revenue is not interested in pursuing the Reference.

2.

In the above view, the Reference is returned "unanswered" leaving the question raised herein open to be considered in appropriate case.

3.

Reference is disposed of in above terms.

[DR. SHALINI PHANSALKAR-JOSHI, J.] [M.S. SANKLECHA, J.]

74 ITR 615 OF 1998.doc C E R T I F I C A T E Certified to be true and correct copy of the original signed order.