https://www.taxtmi.com/caselaws?id=22721 The High Court of Bombay ruled that the tax effect in the case did not exceed Rs. 8,500 per year, falling below the threshold of Rs. 30,000 set by the Central Board of Direct Taxes. Therefore, the court discharged the rule with no costs. en-us Mon, 25 Mar 1991 00:00:00 +0530 Sat, 12 Dec 2009 15:19:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22721 The High Court of Bombay ruled that the tax effect in the case did not exceed Rs. 8,500 per year, falling below the threshold of Rs. 30,000 set by the Central Board of Direct Taxes. Therefore, the court discharged the rule with no costs. Case-Laws Wealth-tax Mon, 25 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22721