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Ita/584/2008 Of Commissioner Of Income Tax v. M/S Maltex Malsters Ltd

High Court 14 Jul 2016 In favour of: Assessee
Forum / Bench
High Court · phhc
Parties
Ita/584/2008 Of Commissioner Of Income Tax v. M/S Maltex Malsters Ltd
Date of order
14 Jul 2016
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Ita/584/2008 Of Commissioner Of Income Tax v. M/S Maltex Malsters Ltd, the High Court (2016) 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.
IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH Sr. No.312;3 ITA No.584 of 2008Date of decision: 14.07.2016 The Commissioner of Income- Tax, Patial ....Appellant VeTSuU M/s Maltex Malsters Ltd., Patiala ....Respondent CORAM:HON'BLE MR. JUSTICE S.J. VAZIFDAR, ACTING CHIEF JUSTICEHON'BLE MR. JUSTICE DEEBEPAK SIB KERR Present:-Mr. Zora Singh Klar, Advocate, for the appellant. Mr. Akshay Bhan, Senior Advocate withMr. Alok Mittal, Advocate, for the respondent. KERR S.J. VAZIFDAR,ACTING CHIEF JUSTICE (QRAL) Learned counsel for the appellant-revenue states that since the taxeffect involved 1s.=a)*lacs, he has instructions to withdraw the present appealin view of the circular No.21/2015, dated 10.12.2015 issued by the C.B.D.T.,New Delhi. However, he prayed that liberty be granted to the revenue to file anapplication for revival of the appeal in case something survives therein. 2 |Dismissed as withdrawn with liberty as prayed for. It 1s, however,clarified that withdrawal of the appeal by the revenue shall not be taken to beaffirmation of order of the JIribunal on merits. Further, the legal issue aclaimed by the revenue is being left open to be adjudicated in an appropriateCase. (S.J. VAZIFDAR) ACTING CHIEE JUSTICE July 14, 2016Jyoti I (DEEPAK SIBAL)JUDGE
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