Ita/236/2016 Of Pr Commissioner Of Income Tax 2 Chandigarh v. M/S Punjab Small Industries & Export Corporation Ltd, Chd

ITA No.236 of 2016 (O&M) IN THE HIGH COURT OF PUNJAB AND HARYANAAT CHANDIGARH ITA No.236 of 2016 (O&M)Date of decision : 03.09.2019 Pr. Commissioner of Income Tax-1,Chandigarh ...... Appellant VerTSU M/s Punjab Small Industries & ExportCorporation Ltd., Udyog Bhawan, Sector 17Chandigarh ...... Respondent CORAM: HON'BLE MR.JUSTICEKE AJAY TEWARIHON'BLE MR. JUSTICHARNARESH SINGH GILL--- Present ;Mr. Vivek Sethi, Advocatefor the appellant. Mr. Manpreet S.Kanda, Advocate|for the respondent. --- AJAY TEWARI, J. (Oral) inLearned 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 datedOS.O08.2019 read with Letter No.E.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 ?DDismissed as withdrawn with liberty as prayed for. It is,however,clarified that withdrawal of the appeal by the appellant-revenue shall not be taken to be affirmation of order of the Tribunal on merits. ITA No.236 of 2016 (O&M) Further, the legal issue as claimed by the appellant-revenue is being leftopen to be adjudicated in an appropriate case. 3Since the main case has been dismissed, the pending C.M.Application, if any, also stands disposed of, (AJAY TEWARITJUDGE (HARNARESH SINGH GILL)JUDGE03.09.2019pooja sharma-lWhether speaking/reasonedYes/NoWhether Reportable |Yes/No