M/S Punjab Institute Of Medical Sciences v. Deputy Commissioner Of Income Tax (Exemptions), Chandigarh And Others

IN THE HIGH COURT OF PUNJAB AND HARYANA ATCHANDIGARH "7 CWP-8197-2018 (O&M)Date of Decision: 22.08.2019 M/s Punjab Institute of Medical Sciences Versus _... Petitioner Deputy Commissioner of Income Tax (Exemptions), Chandigarh and others ....... Respondents CORAM: HON'BLE MR. JUSTICE AJAY TEWARIHON'BLE MR. JUSTICE HARNARESH SINGH GILL Present:Mr. Alok Mittal, Advocate for the petitioner(s). Mr. Denesh Goyal, Advocate for the respondents, AJAY TEWARI, J (ORAL) By this petition, petitioner has challenged the order dated29.03.2018 (Annexure P-1l) passed by Commissioner of Income Tax(Appeals), Jalandhar whereby they were directed to deposit a sum of Rs. 50Lakh before 31.03.2018 against the demand of Rs.29 Crores and odd. It isnot disputed that during this interregnum, the petitioner has deposited theamount of Rs. 50 Lakh. Learned counsel appearing for the respondent hasstated that CIT has decided the appeal and the same is pending before ITAT.2.Learned counsel for the petitioner has fairly accepted this fact andStates that present petition may be disposed of with a direction to theTribunal to decide the appeal in a time bound manner. CW P-8197-2018 (O&M) 3In view of the above circumstances, the present petition isdisposed of with a direction to the Tribunal to decide the appeal as early aspossible. 4Since the main case has been disposed of, the pending CM, ifany, also stands disposed of, (AJAY TEWARITJUDGE 22.08.2019pooja Saini (HARNARESH SINGH GILL)JUDGE(|Whether speaking/reasoned : Yes/NoWhether reportable: Yes/No