Ita/412/2017 Of Pr. Commissioner Of Income Tax-2, Jalandhar v. M/S Capital Local Area Bank Ltd

352IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH ITA No.412 of 2017 (O&M)Date of decision : 05.09.2019 Pr. Commissioner of Income Tax-2, Jalandhar VerTSU ...... Appellant M/s Capital Local Area Bank Ltd.(Now Capital Small Finance Bank Ltd.)G.T. Road, Jalandhar ...... Respondent CORAM: HON'BLE MR.JUSTICEKE AJAY TEWARIHON'BLE MR. JUSTICHARNARESH SINGH GILL/// Present ;Mr. Vivek Sethi, Senior Standing Counsel andMr. Varun Issar, Junior Standing CounselMr. Varun Issar, Junior Standing Counsel for the appellant. None 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 date20.08.2019, 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appellant-revenue to file anapplication for revival of the appeal, in case something survives therein.2 Dismissed as withdrawn with liberty as prayed for. 3Since the main case has been dismissed, the pending C.M. Application, if any, also stands disposed of, (AJAY TEWARITJUDGE 05.09.2019pooja sharma-l (HARNARESH SINGH GILL)JUDGE Whether speaking/reasonedWhether Reportable | Yes/NoYes/No