1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH : NAGPUR INCOME-TAX APPLICATION NO. 47/1996 & 63 OF 1996 Office Notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's orders or directions and Registrar's orders. CORAM : J.P. DEVADHAR AND B.P. DHARMADHIKARI, JJ. APRIL 24, 2007. Heard Shri Jaiswal, learned counsel for the applicant and Shri Dewani, learned counsel for the respondent. Both these applications filed by the revenue under Section 256(2) of the Income- tax Act, 1961, were admitted on the respective questions of law raised in each of the applications. The dispute in these applications relate to penalty levied under Section 271(1) (c) of the Income-tax Act, 1961. The counsel on both side agreed that the cumulative tax effect in both these applications is less than Rs. Two lakhs. In this view of the matter and in the light of the judgment of this Court in the case of C.I.T. vs. Pithwa Engineering Works, 2 reported at (2005) 276 ITR 519, both these applications are dismissed. Rule discharged. No costs. JUDGE JUDGE *GS.