Ita/69/2001 Of Commissioner Of Income Tax v. Satya Nand Munjal

414IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH ITA No.69 of 2001Date of decision : 39.10.2019 The Commissioner of Income Tax (Central), Ludhiana VerTSU ..... Appellant Sh.Satya Nand Munjal C/o M/s. Hero Cycle Limited, Ludhiana ...... Respondent CORAM: HON'BLE MR.JUSTICE AJAY TEWARTHON'BLE MRS.JUSTICEALKA SARIN ,,, Present ;Mr.Chetan Sood, Advocate and.Mr.Sandeep Goyal, Advocate for the appellant. Mr.Akshay Bhan, Sr. Advocate with Mr.Alok Mittal, Advocate and.Mr.Shantanu, Bansal, Advocate 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 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appellant-revenue to file anapplication for revival of the appeal, in case something survives therein.2 Dismissed as withdrawn with liberty as prayed for. 3,Since the main case has been dismissed, the pending C.M.Application, if any, also stands disposed of. | (AJAY TEWARI)JUDGE 30.10.2019 ranid Whether speaking/reasonedWhether Reportable | (ALKA SARIN)JUDGE Yes/No Yes/No