(-1-) MGN IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME REFERENCE NO.625 OF 1987 The Commissioner of Income-tax ..Applicant Vs. M/s.Dempo Properties & Investments Pvt. Ltd. ....Respondent Mr. P.S. Sahadevan, for the Applicant Mr. S.J. Mehta, for Respondent CORAM: F.I. CORAM: F.I. CORAM: F.I. REBELLO REBELLO REBELLO & R.S.MOHITE, JJ. R.S.MOHITE, JJ. R.S.MOHITE, JJ. DATED: 5th January, 2009 DATED: 5th January, 2009 DATED: 5th January, 2009 P.C.: P.C.: P.C.: . The reference pertains to assessment year 1993-94. The taxable income is less than Rs.4.00 lakhs. As per the C.B.D.T. Circular and as interpreted by this Court the Reference as filed would no longer survive. In the light of that Reference returned as unanswered. (R.S.MOHITE, J.) (F.I.REBELLO, (R.S.MOHITE, J.) (F.I.REBELLO, (R.S.MOHITE, J.) (F.I.REBELLO, J.) J.) J.)