The High Court Bench of F. I. Rebello and D. G. Karnik, JJ, returned a Gift Tax Reference No. 2 of 1985 unanswered at the request of the applicant's counsel, who did not press the reference citing valuation issues.
None for the respondent; reference returned as unanswered.
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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:-
(D.G. KARNIK, J)
(F.I. REBELLO, J)
1 issue framed by the court
Whether the gift tax reference should be returned as unanswered due to the lack of a provision for procedural valuation under the Wealth Tax Rules 1957 in the Gift Tax Act.
Commissioner of Gift Tax, Bombay
Patricia R. Patel
F. I. Rebello
D. G. Karnik
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
