Commissioner Of Income Tax, Hisar v. Peatitioner

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH ITA No.55 of 2010Date of Decision:-26.2.2016. Commissioner of Income Tax, Hisar Versus __ Peatitioner M/s Abhsan Farm and Investment Ltd. .......espondent CORAM: HON'BLE MR. JUSTICE SURYA KANTHON BLE MR. JUSTICE PB. BAJANTHRI iWhether Reporters of local papers may be allowed to see the judgment?2. lo be referred to the Reporters or not3. Whether the judgment should be reported in the Digest Present:Mr. Yogesh Putney, Senior Standing Counsel for,Income Tax — appellant, Ms. Rajni Paul, Advocate for the respondent. 2222 SURYA KANT, J. (ORAL) Learned counsel for the appellant - revenue states thatsince tne tax Involved in the instant case IsL1,64,448/-, he does notwant to press the appeal in view of the circular dated 10.12.2015issued by the C.B.D.T., New Delhi. However, he prays that libertymay be granted to the revenue authorities to seek revival of theappeal, if need be. In this view of the matter, the instant appeal is dismissedas not pressed for leaving the question of law open to be adjudicatedin some appropriate case. (SURYA KANT)JUDGE February 26, 2016.sandeep sethi (P.B. BAJANTHRI)JUDGE