Pr. Commissioner Of Income Tax, Patiala v. M/S Punjabtion Ltd., Patiala

ITA-36-2021 (O[&M)] Page 1 o 288-12 IN THE HIGH COURT OF PUNJACHANDIGARB AND HARYANA AT H *** ITA-36-2021 (O&M)Date of Decision: 15.10.2024 PR. COMMISSIONER OF INCOME TAX, PATIALA . . . . Appellant Vs. M/S PUNJABTION LTD., PATIALA . . . . Respondent ****CORAM: HHON’BLE MR. JUSTICE SANON’BLE MR. JUSTICE ALOJEEV PRAKASH SHARMAK JAIN **** Present: Mnf Mw Mns. Parnika Singla, Advocate as. Parnika Singla, Advocate a Mfr. Abhinav Narang, Advocateor the respondent. **** SANJEEV PRAKASH SHARMA, J.(Oral) 1.Counsein terms of the Circular bearingNo.9/20by the Government of India,Ministrl for the appellant submits that 24 dated 17.09.2024 issued y of Finance, Department of Revenue, Central Board of DirectTaxes, the monetary limits for filing of the appeals by the departmentbefore the ITAT, High Court and SLPs/Appeals before the SupremeCourt Circular No.5/2024 has beenamendehave been enhanced and the d and following steps have been taken with the purpose toNo.9/20by the Government of India,Ministrl for the appellant submits that 24 dated 17.09.2024 issued y of Finance, Department of Revenue, Central Board of DirectTaxes, the monetary limits for filing of the appeals by the departmentbefore the ITAT, High Court and SLPs/Appeals before the SupremeCourt Circular No.5/2024 has beenamendehave been enhanced and the d and following steps have been taken with the purpose to [&M)] “ 2. As a step towards manhas been decided by the Board to reagement of litigation, it vise the monetary limits focases as stated in Para 4r filing of appeals in Income-tax .1 of the aforementioned Circular 3. Monetary limits given in pregard to filing appeal/SLP shall beincluding those relating to TDS/TCAct, 1961 with exceptions as perCircular No 5/2024 dated 15.03.20to appeal/file SLP shall be taken onto the tax effect and the monetary liaragraph 2 above with applicable to all cases S under the Income-tax paras 3.1 and 3.2 of 24, where the decision merits, without regard mits.” 2.The modifications have come into effect from the date of issuance ofCircular i.e. 17.09.2024, and therefore shall apply to SLPs/appeals tobe filedgh Court and Tribunal and alsoapply t before the Supreme Court, Hio the appeals pending before the Supreme Court, High Courtand Tribunal, which have been directed3.In view of aforesaid Circular No.09/202 to be withdrawn. 4 dated 17.09.2024, as the casedoes nclause of Circular No.5/2024,learnedot fall within the exception counsel prays for withdrawal of 4.Accordingly, we allow the prayer as abdPARULas withdrawn. 2024.10.18 12:57I attest to the accuracy andauthenticity of this document ITA-36-2021 (O [&M)] Page 3 o 5.All pending applications also stand disp posed of accordingly. (SANJEEV PRAKASH SHARMA) JUDGE (ALOK JAIN) JUDGE October 15, 2024 parul 1. Whether speaking/reasoned? 2. Wheth er reportable? Yes/NoYes/No