1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH : NAGPUR INCOME TAX REFERENCE NO.333 OF 1995 (Commissioner of Income Tax vs. M/s. Jai Films) __________________________________________________________________ Office Notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's orders or directions and Registrar's orders. Shri A.S. Jaiswal, Advocate for applicant. Shri K.P. Dewani, Advocate for respondent. -------- CORAM : J.P. DEVADHAR AND A.B. CHAUDHARI, JJ. DATED : OCTOBER 15, 2010 Shri Jaiswal, learned Counsel for the revenue, fairly states that the tax effect involved in this reference is less than the monetary limit prescribed by the Central Board of Direct Taxes and hence, he does not press the reference in the light of the judgment of this Court in the case of Commissioner of Income Tax v. Pithwa Engg. Works (2005 (276) ITR 519). In this view of the matter, the reference is returned unanswered. JUDGE JUDGE khj 2