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 INCOME TAX APPLICATION NO.30 OF 2002 INCOME TAX APPLICATION NO.30 OF 2002 INCOME TAX APPLICATION NO.30 OF 2002 The Commissioner of Income Tax Bombay City I, Bombay .. Petitioner V/s Laxmi Ratan Engg.Works Pvt.Ltd. .. Respondents Mr.A.S.Rao for the Petitioner. Mr.Arun Sathe with Mr.Milind Vaidya for the Respondent. CORAM : DR.S.RADHAKRISHNAN CORAM : DR.S.RADHAKRISHNAN CORAM : DR.S.RADHAKRISHNAN & V.C.DAGA, JJ. V.C.DAGA, JJ. V.C.DAGA, JJ. DATE : 20th March, 2007. DATE : 20th March, 2007. DATE : 20th March, 2007. P.C.: P.C.: P.C.: 1. Heard the learned Counsel for the parties. Admittedly, in this matter the tax liability is less than Rs.2 lakhs. In view of the Revenue’s Circular dated 27th March, 2000 as the tax liability is less than Rs.2 lakhs, we are not inclined to entertain this application. Hence, the Application stands dismissed. (V.C.DAGA, J.) (V.C.DAGA, J.) (V.C.DAGA, J.) (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.) (DR.S.RADHAKRISHNAN,J.)