The Commissioner Of Income Tax-Iii, Ludhiana v. M/S Nahar Spinning Mills Ltd

CM-16703-05-CI1-2019 in/andITA-174-2008(0&M) IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH 237°CM-16703-05-C 11-2019 in/anITA-174-2008(0&M)Date of decision :3.190.201 The Commissioner of Income Tax-III, Ludhiana...... Appellant Versus M/s Nahar Spinning Mills Ltd....... Respondent CORAM: HON'BLE MR.JIUSTICE AJAY TEWARIHON'BLE MR.JUSTICEHARNARESH SINGH GILL Present ;Mr. Rajesh Katoch, Senior Standing Counsel withMs. Pridhi Jaswinder Sandhu, Jr. Standing Counsel forfor the appellant. Mr. Amit Parsad, Advocatefor the respondent. 333 AJAY TEWARI, J. (Oral) CM;16703FCI];2019 This is an application tor exemption from filing certified copy of Circulars ( Annexure R-1| and R-2) For the reasons recorded in the application, the same is allowed. CM;16704FCI]m2019 This is an application for placing on record the accompanying Circulars ( Annexure R-1 and R-2). For the reasons recorded in the application, the same is allowed and abovesaid documents are taken on record. CM-16703-05-CI1-2019 in/andITA-174-2008(0&M) CM16705Cll2019 This is an application for dismissal of the appeal filed by thedepartment/Revenue in view of the Circulars dated 11.7.2018 and 8.8.2019, For the reasons recorded in the application, the same is allowed. Main case inLearned counsel for the appellant-revenue states that since thetax effect involved is less than the monetary limit as prescribed in CircularNo.3 of 2018 dated 11.07.2018 issued by the Central Board of Direct Taxes,further amended vide Circular No.17 of 2019 dated 08.08.2019 read withLetter No.F.No.279/Misc/M-93/2018-ITJ dated 20.08.2019, he _ hainstructions to withdraw the present appeal. However, he prayed that libertybe granted to the appellant-revenue to file an application for revival of theappeal, in case something survives therein. |Dismissed as withdrawn with liberty as prayed for. 4.Since the main case has been dismissed as withdrawn, thepending C.M, if any also stands disposed of, (AJAY TEWARITJUDGE 3.10.2019anuradha (HARNARESH SINGH GILL)JUDGE Whether speaking/reasonedWhether Reportable | Yes/NoYes/No