The Commissioner Of Income Tax, Patiala v. M/S Bhandari Hosiery Mills (P) Ltd
High Court
18 Jul 2019 In favour of: Assessee
Forum / Bench
High Court · phhc
Parties
The Commissioner Of Income Tax, Patiala v. M/S Bhandari Hosiery Mills (P) Ltd
Date of order
18 Jul 2019
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax, Patiala v. M/S Bhandari Hosiery Mills (P) Ltd, the High Court (2019) 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.
The order — as passed by the High Court
IN THE HIGH COURT OF PUNJAB AND HARYANA ATCHANDIGARH
ITR No. 65 of 1997Date of Decision: 18.7.2019
The Commissioner of Income Tax, Patiala
.......Appellant
Vs.
M/s Bhandari Hosiery Mills (P) Ltd.
.......Respondent
CORAM: HON’BLE MR. JUSTICE AJAY TEWARIHON'BLE MR. JUSTICE HARNARESH SINGH GILL
Present: - Mr. Rajesh Katoch, Sr. Standing Counsel and
Ms. Pridhi Jaswinder Sandhu, Jr. Sanding Counselfor the appellant.
None for the respondent.
*****
AJAY TEWARI, J. (ORAL)
Learned counsel for the appellant states that in this reference, tax effect is much lower than the limit of Rs. 50.00 lacs in view of Circular No. 3/2018 and consequently, he may be permitted to withdraw the reference.
Ordered accordingly.
Dismissed as withdrawn.
(AJAY TEWARI) JUDGE
(HARNARESH SINGH GILL) JUDGE
July 18, 2019Gurpreet
Whether speaking /reasoned : YesWhether Reportable : No
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