( 1 ) IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1083 OF 2000 INCOME TAX APPEAL NO.1083 OF 2000 INCOME TAX APPEAL NO.1083 OF 2000 The Commissioner of Income Tax Mumbai City-II, Mumbai .. Appellant V/s Y.N.Mafatlal .. Respondent Mr.Parag Vyas for the Appellant. CORAM: DR.S.RADHAKRISHNAN & CORAM: DR.S.RADHAKRISHNAN & CORAM: DR.S.RADHAKRISHNAN & J.H.BHATIA, JJ. J.H.BHATIA, JJ. J.H.BHATIA, JJ. DATE : 26/07/2005. DATE : 26/07/2005. DATE : 26/07/2005. P.C.: P.C.: P.C.: 1. Heard the learned Counsel for the Appellant. 2. The claim involved in this Appeal is less than Rs.2 lakhs. We have perused the judgment of the Division Bench of this Court in the case of Commissioner of Commissioner of Commissioner of Income Tax V/s.Camco Colour Co, reported in (2002) 254 Income Tax V/s.Camco Colour Co, reported in (2002) 254 Income Tax V/s.Camco Colour Co, reported in (2002) 254 ITR 565 (Bom.). ITR 565 (Bom.). ITR 565 (Bom.). In view of the policy decision taken by Central Board of Direct Taxes vide Circular No.279/126/98-ITJ dated 27.3.2000, the Revenue has decided not to file any Appeal or Reference, if the tax liability is less than Rs.2 lakhs. 3. As the tax liability in the present case is less than Rs.2 lakhs, the present Income Tax Appeal stands dismissed. (DR.S.RADHAKRISHNAN J.) (DR.S.RADHAKRISHNAN J.) (DR.S.RADHAKRISHNAN J.) ( 2 ) (J.H.BHATIA J.) (J.H.BHATIA J.) (J.H.BHATIA J.)