SAS 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 ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION WEALTH TAX REFERENCE NO.32 OF 1995 WEALTH TAX REFERENCE NO.32 OF 1995 WEALTH TAX REFERENCE NO.32 OF 1995 The Commissioner of Wealth Tax ..Applicant. V/s. Shri Rajendrakumar Tuli ..Respondent. Mr.P.S.Sahadevan for applicant. CORAM : F.I.REBELLO AND CORAM : F.I.REBELLO AND CORAM : F.I.REBELLO AND J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. DATED : 10TH OCTOBER, 2007. DATED : 10TH OCTOBER, 2007. DATED : 10TH OCTOBER, 2007. P.C. :- P.C. :- P.C. :- As the tax effect is less than Rs.4 lakhs and considering the CBDT Circular, learned counsel for the appellant does not press the reference. 2. In that light of that reference is returned as unanswered. The question of law, if any, is left open for consideration in an appropriate case. 3. Reference disposed of accordingly. (F.I.REBELL0, J.) (F.I.REBELL0, J.) (F.I.REBELL0, J.) (J.P.DEVADHAR, J.) (J.P.DEVADHAR, J.) (J.P.DEVADHAR, J.)