Pr. Commissioner Of Income Tax v. H.p. State Forest Corporation Ltd. …

IN THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA ITA No. 49 of 2016. Date of decision: 09.01.2020. Pr. Commissioner of Income Tax …..Appellant. Versus H.P. State Forest Corporation Ltd. …..Respondent. Coram The Hon’ble Mr. Justice Tarlok Singh Chauhan, Judge.The Hon’ble Mr. Justice Chander Bhusan Barowalia, Judge.Whether approved for reporting?[1 ]No For the Appellant : Mr. Vinay Kuthiala, SeniorAdvocate with Ms. VandanaKuthiala, Advocate. For the Respondent : Mr. Vishal Mohan, Advocate. Tarlok Singh Chauhan, Judge (Oral)OMP No.29 of 2020. By medium of this application, filed by the applicant/appellant, permission has been sought towithdraw the appeal in view of the CBDT’s Circular No.17/2019 dated 08.08.2019, whereby the monetary limits forfiling appeals has now been fixed by the CBDT atRs.1,00,00,000/-(One Crore). Even otherwise, the tax effectof the present appeal is Rs.83,83,000/-. Therefore, the1Whether the reporters of the local papers may be allowed to see the Judgment?Yes instant appeal is covered by the aforesaid Circular.Accordingly, the application is allowed. ITA No. 49 of 2016. Consequently, the appeal is permitted to bewithdrawn in view of the aforesaid Circular, leaving theparties to bear their own costs. (Tarlok Singh Chauhan)Judge (Chander Bhusan Barowalia) Judge 9[th] January, 2020.(krt)