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Ita/222/2019 Of The Pr. Commissioner Of Income Tax Gurgaon v. Cps Cash Processing Solutions Private Limited

High Court 05 Feb 2020 In favour of: Assessee

Forum / Bench

High Court · phhc

Parties

Date of order

05 Feb 2020

Assessment year(s)

—

Outcome

Dismissed

Case summary

In Ita/222/2019 Of The Pr. Commissioner Of Income Tax Gurgaon v. Cps Cash Processing Solutions Private Limited, the High Court (2020) dismissed the appeal. The decision went in favour of the assessee.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

106IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH ITA No.222 of 2019 (O&M)Date of decision : 05.02.2020 The Pr. Commissioner of Income Tax Gurgaon ...... Appellant VerTSU M/s CPS Cash Processing Solutions Pvt. Ltd. ...... Respondent CORAM: HON'BLE MR.JUSTICEKE AJAY TEWARIHON'BLE MR. JUSTICAVNEESH JHINGAN ... Present ;Mr. Tajender K.Joshi, Advocate for for the appellant, Mr. Pranjal P.Chaudhary, Advocate for the caveator. ... AJAY TEWARI, J. (Oral) '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. ,Dismissed as withdrawn with liberty as prayed for. +Since the main case has been dismissed, the pending C.M.Application, if any, also stands disposed of. | (AJAY TEWARITJUDGE 05.02.2020pooja sharma-l ( AVNEESH JHINGAN)JUDGE Whether speaking/reasonedWhether Reportable | Yes/NoYes/No

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This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.

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