-1_ IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO. 234 of 1996 The Commissioner of Income-Tax, Mumbai City I, Mumbai : Appellant v/s M/s. New Era Talkies : Respondents Mr. P.S. Sahadevan Advocate for appellant Mr. S.J. Mehta Advocate for respondents Coram : Dr.S. Radhakrishnan S.J. Kathawalla, JJ. Date: 23.7.2008 P.C. . Heard learned counsel for the appellant and the learned counsel for the respondents. The learned counsel for the appellant seeks leave to withdraw the appeal as the tax effect is less than Rs. 4 lacs. Rule stands discharged. The reference is returned back unanswered. (S.J. Kathawalla,J.) (Dr.S. Radhakrishnan,J.)