Prem Chand Bansal & Sons (Huf v. Principal Commissioner Of Income Tax

224IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH. CM-5482-C WP-2021 in/anCWPRP-6185-202Date of Decision: 7.4.2021 Prem Chand Bansal & Sons (HUF) —__ Petitioner Versus Principal Commissioner of Income Tax ......Respondent CORAM:HON'BLE MR. JUSTICE AJAY TEWARIHON'BLE MR. JUSTICE RAJESH BHARDWAJ Present:Mr. K.L. Goyal, Sr. Advocate with| Mr. Rishab Singla, Advocate, for the petitioner. Mr. Yogesh Putney, Senior Standing Counsel for|the respondent.the respondent. AJAY TEWARI, J. (QRAL) CM;5482FCWP;2021 Short reply on behalf of the respondent is taken on record. The application stands disposed of. CWP;6185F202 This petition has been filed challenging the order (Annexure P-5). In the reply, it has been conceded that the case would have tobe considered in view of the circular No.04 of 2021 dated 23.3.2021. Learned Sr. Counsel appearing for the petitioner states that he would have no objection but the tact of the matter is that the petitioner hasfiled his application and he is ready to pay the tax but the time limit for thesame is upto 30.4.2021 and therefore, a direction should be issued to therespondent to decide the claim of the petitioner as expeditiously as possible. We find weight in the arguments and Mr. Putney has noobjection to this course of action, In view of the above, the present petition is disposed of with adirection to the respondent to consider and decide CM-5482-C W P-2021 in/aCWPRP-6185-202 the issue whether the petitioner is liable to pay tax 100% or 125% within aperiod of one week from the date of receipt of certified copy of this order inaccordance with law by way of passing a speaking order. Copy of this order be given dasti to learned counsel for theparties under the signature of the Court Secretary. (AJAY TEWARITJUDGE