Case LawHigh Court › Ita/302/2019 Of Principal Commissioner O...

Ita/302/2019 Of Principal Commissioner Of Income Tax Faridabad v. Voith Paper Fabrics India Ltd

High Court 09 Jan 2020 In favour of: Assessee
Forum / Bench
High Court · phhc
Parties
Ita/302/2019 Of Principal Commissioner Of Income Tax Faridabad v. Voith Paper Fabrics India Ltd
Date of order
09 Jan 2020
Assessment year(s)
Outcome
Dismissed

Case summary

In Ita/302/2019 Of Principal Commissioner Of Income Tax Faridabad v. Voith Paper Fabrics India Ltd, 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

IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH 115ITA-302-2019(0&M)Date of decision :9.1.2020 The Pr. Commissioner of Income Tax, Faridabad ...... Appellant VeTSUS M/s. Voith Paper Fabrics India Ltd. ..... Respondent CORAM: HON'BLE MR.JUSTICE AJAY TEWARTHON'BLE MR. JUSTICE AVNEESH JHINGAN Present ;Mr. T.K.Joshi, Senior Standing Counselfor the appellant. /// AJAY TEWARI, J. (Oral) inLearned counsel for the appellant-revenue states that since the taxeffect involved is less than the monetary limit as prescribed in CircularNo.3 of 2018 dated 11.07.2018 issued by the Central Board of DirectTaxes, further amended vide Circular No.17 of 2019 dated 08.08.2019read with Letter No.F.No.279/Misc/M-93/2018-ITJ dated 20.08.2019, hehas instructions to withdraw the present appeal. However, he prayed thatliberty be granted to the appellant-revenue to file an application forrevival of the appeal, in case something survives therein. 2 Dismissed as withdrawn with liberty as prayed for. 3)Since the main case has been dismissed as withdrawn, the pendingC.M, if any also stands disposed of. (AJAY TEWARIT JUDGE 9.1.2020anuradha (AVNEESH JHINGAN)JUDGE Whether speaking/reasoned Yes/No Whether Reportable | Yes/No
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