The C.I.T.Central-I. Bombay. v. M/S. Orkay Silk Mills Ltd

75 ITR 618 OF 1998.doc vks

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO. 618 OF 1998 The Commissioner of Income Tax Central-I, Bombay ... Applicant.

V/s.

M/s Orkay Silk Mills 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 1983-84. 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.]

75 ITR 618 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.