((-1-)) hvn IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO. 116 OF 1989 The Commissioner of Income Tax ... Applicant Versus The Oriental Fire & General Insurance Co. ... Respondent Mr. Beni Chatterji with Mrs. Poonam P. Bhosale for Applicant. CORAM: F.I. CORAM: F.I. CORAM: F.I. REBELLO REBELLO REBELLO & J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. DATED: JULY 25, 2007 DATED: JULY 25, 2007 DATED: JULY 25, 2007 P.C.: P.C.: P.C.: . As the tax incidence is less than four lakhs and in view of the Circular issued by the C.B.D.T. we do not propose to answer the Reference. . Accordingly Reference is returned as unanswered. The question of law raised in the Reference are left open for consideration, if need be, in an appropriate case. (J.P.DEVADHAR, J.) (J.P.DEVADHAR, J.) (J.P.DEVADHAR, J.) (F.I.REBELLO, J.) (F.I.REBELLO, J.) (F.I.REBELLO, J.)