The Commissioner Of Income Tax, Nagpur v. M/S Bharat Industrial Works, Nagpur

1 IN THE HIGH COURT OF JUDICATURE AT BOMBAYNAGPUR BENCH AT NAGPUR CIVIL APPLICATION T. NO.9/2012INI.T.R. NO.357/1995 (D) The Commissioner of Income Tax, Nagpur...Versus...M/s Bharat Industrial Works, Nagpur - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ------------- - - - - - - - Office Notes, Office Memoranda of Coram, Court's or Judge's ordersappearances, Court's orders of directionsand Registrar's orders - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Shri Anand Parchure, Adv. for applicant Shri N.J. Thakkar, Adv. for respondent CORAM : SMT. VASANTI A. NAIK AND A.B. CHAUDHARI, JJ. DATE : 03.08.2012 Heard. No case is made out for review of the order dated 15.10.2010 as the statement of the Revenue that the tax effect involved in the reference was less than the monetary limit prescribed by the Central Board of Direct Taxes was in fact correctly made and the reference was rightly returned unanswered in consonance with the law laid down in the judgment reported in (2010) 229 CTR (Bom) 77. Merely because the Hon'ble 0308cat9.12.odt Supreme Court had granted liberty to the Department in some other matter to move the High Court by way of review, it would not be proper to review the order in this case. The civil application is rejected. JUDGE JUDGE ssw