M/S Sonalac Paints & Coatings Ltd v. Commissioner Of Income Tax Chandigarh And Another
High Court
12 Jul 2021 In favour of: Assessee
Forum / Bench
High Court · phhc
Parties
M/S Sonalac Paints & Coatings Ltd v. Commissioner Of Income Tax Chandigarh And Another
Date of order
12 Jul 2021
Assessment year(s)
—
Outcome
Allowed
Case summary
In M/S Sonalac Paints & Coatings Ltd v. Commissioner Of Income Tax Chandigarh And Another, the High Court (2021) allowed the appeal. The decision went in favour of the assessee.
Decision: ITA"&)*"'(&' The main appeal is, accordingly, dismissed as having beenwithdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
CM-5391-ClIT-2071 in/anTTA-178-20]2
-j-
IN THE HIGH COURT OF PUNJAB AND HARYANAAT CHANDIGARH
CM-5391-Cl[-2021 in/andTTA-178-20 12Date of Decision:-12.07.2021.
M/s Sonalac Paints & Coatings Ltd.
Versus
.....Appellant
Commissioner of Income Tax Chandigarh and another
..... Respondents
CORAM: HON'BLE MR. JUSTICE AJAY TEWARIHON'BLE MR. JUSTICE VIKAS BAHL
,,,,
Present:Mr. Alok Mittal, Advocate for the applicant/appellant.
,,,,
AJAY TEWARI, J. (Oral)
CM"#$%&"Cll"'('&
This is an application for withdrawal of the main Appeal on theground that during the pendency of the present appeal, the Legislature hasenacted Direct Tax Vivad-Se-Vishwas Act, 2020, with the object to providefor resolution of disputed tax and for matters connected therewith oridentical thereto and the applicant/appellant is desirous of availing thescheme and settle its disputes for the assessment year in dispute with libertyto revive.
Notice of the application.
CM-5391-ClIT-2071 in/anTTA-178-20]2
Mr. Yogesh Putney, Advocate, accepts notice on behalf of the
respondents and states that he has no objection if this application is allowed,
Resultantly, the application is allowed.
ITA"&)*"'(&'
The main appeal is, accordingly, dismissed as having beenwithdrawn.
Since the main appeal has been decided, the pending CivilMiscellaneous Application, if any, also stands disposed of.
(AJAY TEWARI)JUDGE
(VIKAS BAHL)JUDGE
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