Case LawHigh Court › Pr. Commissioner Of Income Tax-2, Chandi...

Pr. Commissioner Of Income Tax-2, Chandigarh v. M/S Steel Strips Ltd., Chandigarh

High Court 26 Sep 2019 In favour of: Assessee
Forum / Bench
High Court · phhc
Parties
Pr. Commissioner Of Income Tax-2, Chandigarh v. M/S Steel Strips Ltd., Chandigarh
Date of order
26 Sep 2019
Assessment year(s)
Outcome
Dismissed

Case summary

In Pr. Commissioner Of Income Tax-2, Chandigarh v. M/S Steel Strips Ltd., Chandigarh, the High Court (2019) 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.

The order — as passed by the High Court

ITA No.139 of 2016 (O&M) od 1209IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHAN DIGAR I.T. Appeal No.139 of 2016Date of Decision : 26.09.2019 Pr. Commissioner of Income Tax-2, Chandigarh ...... Appellant Versus M/s Steel Strips Ltd., Chandigarh ...... Respondents CORAM: HON'BLE MR. JUSTICE AJAY TEWARIHON'BLE MR. JUSTICE HARNARESH SINGH GILL+++ Present :-Ms. Urvashi Dhugga, Advocatefor the appellant.for the appellant. None for the respondent. +++ AJAY TEWARI, J. (QRAL) It has been brought to our notice that one of us(Ajay Tewari, J.) had been the counsel of the respondent-assessee but thecounsel for the appellant has pointed out that she wishes to withdraw thiscase in lieu of the Circular of CBDT and therefore no disability attaches toAjay Tewari, J. in allowing the withdrawal. We find this to be indeed so. | ?DThis appeal has been filed against the order of the Income Tax Appellate Tribunal Division Bench, Chandigarh in ITA No.656/Chd/2014dated 22.09.2015.| 3,Learned counsel for the Appellant-Revenue states that since thetax effect involved is less than the monetary limit as prescribed in CircularPOOJA SHARMA2019.09.27 16:18I am the author of thisNo.3 of 2018 dated 11.07.2018 issued by the Central Board of Direct Taxes,document ITA No.139 of 2016 (O&M) oe Dee further amended vide Circular No.17 of 2019 dated O&8.O8.2019 read witLetter No.F. No.279/Misc/M-93/2018-ITJ dated 20.08.2019, she _ hasinstructions to withdraw the present appeal. However, she has prayed thatliberty be granted to the Revenue to file an application for revival of theappeal, in case something survives therein. 4Dismissed as withdrawn with liberty as prayed for. 5Since the main case has been decided, the pending Civil Misc,Application, if any, also stands disposed of. (AJAY TEWARI)JUDGE September 26, 2019ashish (HARNARESH SINGH GILL)JUDGE Whether speaking/reasoned Whether reportable Yes/NoYes/No
Facing a similar income-tax issue?
Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.
✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation. Full disclaimer & Terms.
Contact Careers Media / Press · Privacy Terms Refund Cancellation Cookies Disclaimer
© 2026 EaseValue Advisors LLP · LLPIN ACN-4920 · Jaipur, Rajasthan