The Commissioner Of Wealth Tax v. Parmod Kumar Jain

2024:PHHC:035074-DB

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH

WTC-87-1989 DATE OF DECISION: 12.03.2024 THE COMMISSIONER OF WEALTH TAX ... Petitioner (s)

Versus

PARMOD KUMAR JAIN ... Respondent(s)

CORAM:

HON'BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON'BLE MS. JUSTICE KIRTI SINGH

Present:

Ms. Urvashi Dhugga, Senior Standing counsel for the petitioner. Mr. Alok Mittal, Advocate for the respondent. **** ANUPINDER SINGH GREWAL, J. (ORAL) Learned counsel for the petitioner submits that the wealth tax which is involved in the instant appeal amounts to Rs.40,000/- and therefore, in view of the Circular No.5 dated 05.02.2019 issued by the CBDT wherein it is stated that the monetary limit for appeals before the High Court would be Rs.1 crore, she wants to withdraw this appeal. The appeal stands dismissed as withdrawn.

Pending application(s), if any, stands disposed of. The question of law is left opened.

(ANUPINDER SINGH GREWAL) JUDGE (KIRTI SINGH) JUDGE 12.03.2024 SwarnjitS Whether speaking/reasoned :

Yes / No Whether reportable :

Yes / No SWARN JIT SINGH 2024.03.13 10:26 I attest to the accuracy and integrity of this document Chandigarh