Ita/393/2018 Of Pr. Commissioner Of Income Tax-2, Chandigarh v. M/S Punjab Genco Limited

IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH 109ITA-393-2018 (O&M)Date of decision °3.9.2019 Pr. Commissioner of Income Tax-2, Chandigarh ...... Appellant VeTSUS M/s Punjab Genco Limited ...... Respondent CORAM: HON'BLE MR.JUSTICEKE AJAY TEWARIHON'BLE MR. JUSTICHARNARESH SINGH GILL Present ;Mr. Vivek Sethi, Advocatefor the appellant. AJAY TEWARI, J. (Oral) ... CM;23703;CI]F2018 For the reasons recorded, the application is allowed. Delay of33 days in refiling the appeal is condoned, Main Case Learned counsel for the appellant-Revenue has very fairlystated that since the tax effect involved is less than Rs.1 crore. He hasinstruction to withdraw the present appeal in view of the circular dated17/2019 dated 8.8.2019 issued by the Central Board of Direct Taxes, NewDelhi. However, he has prayed that liberty be granted to Revenue to filean application for revival of the appeal in case something survivestherein. Dismissed as withdrawn with liberty as prayed for.Further,the legal issue as claimed by the Revenue is being left open to beadjudicated in an appropriate case. Since the main case has been dismissed as withdrawn, thepending C.M, if any also stands dismissed. (AJAY TEWARITJUDGE) 3.97019anuradha (HARNARESH SINGH GILL)JUDGE Whether speaking/reasonedWhether Reportable | Yes/NoYes/No