The Commissioner Of Income Tax (Exemptions), Chandigarh v. M/S Punjab Cooperative Bank Employees Pension Fund Trust

IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH ITA No. 225 of 2019 Date of Decision: 09.9.2019 The Commissioner of Income Tax .......Appellant (Exemptions), Chandigarh Vs.

M/s Punjab Cooperative Bank .......Respondent Employees Pension Fund Trust

CORAM:

HON'BLE MR. JUSTICE AJAY TEWARI HON'BLE MR. JUSTICE HARNARESH SINGH GILL

Present:

Mr. Tajender Joshi, Advocate for Mr. Denesh Goyal, Senior Standing Counsel for the appellant.

***** AJAY TEWARI , J. (ORAL) Learned counsel for the appellant-revenue states that since the tax effect involved is less than the monetary limit as prescribed in Circular No.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 with Letter No. F.No.279/Misc/M-93/2018-ITJ dated 20.08.2019, he has instructions to withdraw the present appeal. However, he prayed that liberty be granted to the appellant-revenue to file an application for revival of the appeal, in case something survives therein.

Dismissed as withdrawn with liberty as prayed for. (AJAY TEWARI) JUDGE (HARNARESH SINGH GILL) September 09, 2019 JUDGE Gurpreet Whether speaking /reasoned : Yes Whether Reportable : No GURPREET SINGH 2019.09.10 17:07 I attest to the accuracy and authenticity of this document chandigarh