IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (LOD) NO.746 OF 2003 INCOME TAX APPEAL (LOD) NO.746 OF 2003 INCOME TAX APPEAL (LOD) NO.746 OF 2003 The Commissioner of Income-tax ..Appellant. V/s. M/s.Sainara Properties Pvt. Ltd. ..Respondent. Mr.A.Kotangale with P.S. Sahadevan for appellant. Mr.J.D. Mistry with R. Darab for respondent. CORAM : DR. S.RADHAKRISHNAN AND CORAM : DR. S.RADHAKRISHNAN AND CORAM : DR. S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. DATED : 6TH MARCH, 2007. DATED : 6TH MARCH, 2007. DATED : 6TH MARCH, 2007. P.C. :- P.C. :- P.C. :- Heard the learned counsel for the appellant and the respondent. Perused the order of the ITAT dated 30th December, 2002. It pertains to the assessment year 1998-99. In the above appeal, the tax effect is only to the extent of Rs.50,400/- and the Tribunal has relied upon the Judgment of this Court reported in Commissioner of Income-Tax V/s. Camco Commissioner of Income-Tax V/s. Camco Commissioner of Income-Tax V/s. Camco Colour Co. Colour Co. Colour Co. reported in 254 ITR 565 (Bom.) 254 ITR 565 (Bom.) 254 ITR 565 (Bom.) and as the tax effect is less than Rs.2 lakhs, therefore, dismissed the appeal. In view thereof, as the tax effect is less than Rs.2 lakhs, the present appeal stands dismissed. (DR.S.RADHAKRISHNAN, J.) (DR.S.RADHAKRISHNAN, J.) (DR.S.RADHAKRISHNAN, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)