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TMI Blog2015 (7) TMI 1199X X X X Extracts X X X X X X X X Extracts X X X X ..... r an apparatus of the assessee with the help of which the business is carried on and it is a plant - Held that:- As the present reference has a tax effect in the aggregate of less than 1 lakh the reference is returned unanswered. See Commissioner of Income Tax v. M/s.Computer Point [2015 (7) TMI 1087 - BOMBAY HIGH COURT ] X X X X Extracts X X X X X X X X Extracts X X X X ..... ₹ 1,00,000/. Thus it is submitted by the Respondent that the reference be returned unanswered. 3. We have today passed an order in Income Tax Reference No. 430 of 1997 ( Commissioner of Income Tax v. M/s.Computer Point (I) Ltd.,) and made the following observations therein : "4. Therefore, in view of the Instruction No.5 dated 10 July 2014 read with decision of this Court in Commissioner ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... choked with huge pendency of cases. …........ In this view the Board has rightly taken a decision not to file appeals, if the tax effect is less than Rs. 4 lakhs so as to reduce the burden of the Department as well as of the Tribunals and courts. The same policy for old matters needs to be adopted by the department, so as to achieve the object of the policy laid down by the Central Board o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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