IN THE HIGH COURT OF BOMBAY AT GOA TAX APPEAL NO. 16 OF 2003 THE COMMISSIONER OF INCOME TAX,PANAJI-GOA. ... Appellant Versus M/S V.M.SALGAONCAR SALES INTENATIONAL,VASCO DA GAM ... Respondent Shri S. R. Rivonkar, Government Advocate for the Appellant. Mr. A. F. Diniz, Advocate for the Respondent. Coram:- P. B. MAJMUDAR & N. A. BRITTO, JJ. Date:- 2nd February, 2009 P.C. It is pointed out to the Court that the tax effect in the matter is for Rs.2,89,117/- and as per the policy decision taken by the Central Board of Direct Taxes, no appeal is to be filed when the tax effect is less than Rs.4,00,000/-. It is pointed out that as per the decision in the earlier matter, such Circular will be applicable to the pending cases as well. In view of the fact that the tax effect is less than Rs.4,00,000/-, the appeal is dismissed. P. B. MAJMUDAR, J. N. A. BRITTO, J. arp/*