Ita/22/2001 Of Commissioner Of Income Tax v. M/S Sharman Udyog (P) Ltd

IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH ITA No.22 of 2001 (O&M)Date of decision : 29.10.2019 Commissioner of Income Tax, Ludhiana VerTSU ..... Appellant M/s. Sharman Udyog (P) Limited Ludhiana. ...... Respondent CORAM: HON'BLE MR.JUSTICEKE AJAY TEWARIHON'BLE MRSJUSTICEALKA SARIN --- Present :Mr.Rajesh Katoch, Advocate for the appellant. Mr.Akshay Bhan, Sr. Advocate withMr.Alok Mittal, Advocate for the respondent. --- AJAY TEWARI, J. (Oral) 1]Learned counsel for the appellant-revenue states that sincethe tax effect involved is less than the monetary limit as prescribed inCircular No.3 of 2018 dated 11.07.2018 issued by the Central Board ofDirect Taxes, further amended vide Circular No.l7 of 2019 datedO08 O8.2019 read with Letter No.BF.No.279/Misc/M-93/2018-ITJ dated20.08.2019, he has instructions to withdraw the present appeal. However,he prayed that liberty be granted to the appellant-revenue to file anapplication for revival of the appeal, in case something survives therein.?DDismissed as withdrawn with liberty as prayed for.3,Since the main case has been dismissed, the pending C.M.Application, if any, also stands disposed of. | (AJAY TEWARI)JUDGE 29.10.2019 ranid Whether speaking/reasoned Whether Reportable | (ALKA SARIN)JUDGE Yes/NoYes/No