1 abs IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION GIFT TAX REFERENCE NO. 1 OF 1995 Mahendra R. Mehta .. Applicant V/s The Commissioner of Gift Tax, Central-II, Bombay .. Respondent Mr. K.R. Shivram for the applicant. Mr. P.S. Sahadevan for the respondent. CORAM : F.I. REBELLO & D.G. KARNIK, JJ. DATE : 17TH AUGUST 2009 P.C. : 1. Learned counsel for the applicant does not press the reference. The reference is returned unanswered. (D.G. KARNIK, J.) (F.I. REBELLO, J.)