Commissioner Of Income Tax, Jalandhar-I]Jalandhar v. Rajesh Mehta

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARHwhe ae al ITA No. 139 of 2006 (O&M)Date of decision: 22.01.2016 Commissioner of Income Tax, Jalandhar-I]Jalandhar ...Appellant Vs. Rajesh Mehta ...Kespondent CORAM:HON'BLE MR. JUSTICK AJAY KUMAR MITTALHON'BLE MRS. JUSTICEK RAJ RAHUL GAR Present :Mr. Yogesh Putney, Advocate for| Mr. Vivek Sethi, Advocate|for the appellant. KKKKK AJAY KUMAR MITTAL, J. (Oral) It is not disputed by the learned counsel for the appellant thatthe tax involved is less than 20 lacs as the income assessed depicted inAnnexure P/2 was<a3,10,000/-. Learned counsel for the appellant-revenueStates that since the tax effect involved is less than the monetary limits fixedby CBDT, he has instructions to withdraw the present appeal in view of thecircular No. 21/2015, dated 10.12.2015 issued by the C.B.D.T., New Delhi.However, he prayed that liberty be granted to the revenue to file anapplication for revival of the appeal in case something survives therein, Dismissed as withdrawn with liberty as prayed for. It is,however, clarified that withdrawal of the appeal by the revenue shall not betaken to be affirmation of order of the Tribunal on merits. Further, the legalissue as Claimed by the revenue is being left open to be adjudicated in anappropriate case. (AJAY KUMAR MITTAL)JUDGE 22.01.2016 WdaSse (RAJ RAHUL GARG)JIUDGE