IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO. 195 OF 1996. The Commissioner of Income Tax...... Appellant. vs. M/s Speciality Valves P.Ltd. ....... Respondent. Shri Ashok Kotangale with G. Hariharan i/b H.D. Rathod for the appellant. CORAM CORAM CORAM : V.C.DAGA AND J.P. DEVADHAR, JJ. : V.C.DAGA AND J.P. DEVADHAR, JJ. : V.C.DAGA AND J.P. DEVADHAR, JJ. DATED DATED DATED : 29th August 2005. : 29th August 2005. : 29th August 2005. P.C. P.C. P.C. : : : ---- ---- ---- . By this reference under section 256(1) of the Income-tax Act, 1961, the Income Tax Appellate Tribunal has referred the following question of law for the opinion of this Court: . Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that investment allowance is allowable on the amusement machinery? . In view of the judgment of this Court in the case of C.I.T. vs. M/s Pithwa Engg.Works C.I.T. vs. M/s Pithwa Engg.Works C.I.T. vs. M/s Pithwa Engg.Works, (2005) (2005) (2005) 276 276 276 ITR ITR ITR 519(Bom), 519(Bom), 519(Bom), wherein this Court has relied upon earlier decision of this Court in the case of C.I.T. C.I.T. C.I.T. vs. vs. vs. Camco Colour Co. Camco Colour Co. Camco Colour Co. (2002) 254 ITR 565, we do not think it necessary to answer the reference made to this Court for the Assessment Year 1983-84, having negligible tax effect. Accordingly, reference stands returned unanswered with no order as to costs. (J.P. (J.P. (J.P. DEVADHAR,J.) DEVADHAR,J.) DEVADHAR,J.) (V.C.DAGA,J.) (V.C.DAGA,J.) (V.C.DAGA,J.)