-1_ IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX REFERENCE NO.219 of 1997 The Director of Income Tax (Exemption), Bombay : Applicant v/s Shri Shanmukhananda Fine Arts and Sangeetha Sabha : Respondent Mr. Parag Vyas i/b Mr. R.A. Vaishmpayan for appellant None for respondents Coram : Dr.S. Radhakrishnan S.J. Kathawalla, JJ. Date: 29.7.2008. P.C. . Heard learned counsel Mr. Vyas for the appellant. He submits that as the tax effect is less than Rs. 4 lacs applicant is not keen to proceed in the matter. Rule is discharged. In view thereof reference is returned back unanswered. (S.J. Kathawalla,J.) (Dr.S. Radhakrishnan,J.)