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The Commissioner Of Income Tax-Ii, Chandigarh v. M/S Regional Centre For Entrepreneurship Developmentsociety

High Court 29 Jan 2016 In favour of: Assessee
Forum / Bench
High Court · phhc
Parties
The Commissioner Of Income Tax-Ii, Chandigarh v. M/S Regional Centre For Entrepreneurship Developmentsociety
Date of order
29 Jan 2016
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In The Commissioner Of Income Tax-Ii, Chandigarh v. M/S Regional Centre For Entrepreneurship Developmentsociety, the High Court (2016) 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.
IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARHwhe ae al ITA No. 788 of 2010 (O&M)Date of decision: 29.01.2016 The Commissioner of Income Tax-II, Chandigarh ..Appellant Vs. M/s Regional Centre for Entrepreneurship Developmentsociety ...Respondent CORAM:HON'BLE MR. JUSTICK AJAY KUMAR MITTALHON'BLE MRS. JUSTICEK RAJ RAHUL GAR Present :Ms. Urvashi Dhugga, Advocate for the appellant. Mr. B.M. Monga, Advocate &Mr. Rohit Kaura, Advocatefor the respondent. KKK K AJAY KUMAR MITTAL, J. (Oral) Learned counsel for the appellant-revenue states that since thetax effect involved is =a5,46,201/-he has instructions to withdraw thepresent appeal in view of the circular No. 21/2015, dated 10.12.2015 issuedby the C.B.D.T., New Delhi. However, he prayed that liberty be granted tothe revenue to file an application for revival of the appeal in case somethingsurvives therein. |Dismissed as withdrawn with liberty as prayed for. It 1s,however, clarified that withdrawal of the appeal by the revenue shall not betaken to be affirmation of order of the Tribunal on merits. Further, the legalissue as claimed by the revenue 1s being left open to be adjudicated in anappropriate case.| (AJAY KUMAR MITTAL)JUDGE 29.01.2016 WdaSse (RAJ RAHUL GARG)JUDGE
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