1 mpt IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION GIFT TAX REFERENCE NO.2 of 1985. The Commissioner of Gift Tax, Bombay .. Applicant versus Patricia R. Patel .. Respondent ... Mr. P.S. Sahadevan for the applicant. None for the respondent. CORAM : F. I. REBELLO AND D.G. KARNIK, JJ DATED : 10th August 2009 P.C:- 1. Considering the order passed by the Income Tax Tribunal Tribunal in the matter of valuation following Rule 1D of the Wealth Tax Rules 1957 in the absence of a procedural valuation in the Gift Tax Act, learned counsel does not press the reference, reference returned as unanswered. (D.G. KARNIK, J) (F.I. REBELLO, J)