High Court of Punjab and HaryanaCWP/10670/2006dismissed

Pb.St. Coop Supply And Mark Fed Ltd. v. Chief Commr. Of Income Tax And ANR.

2017-02-16Mr. Justice Ajay Kumar Mittal,Mr. Justice Ramendra Jain2 pages

CM-2008-2017 in/and CWP-10670-2006 -1IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH CM-2008-2017 in/and CWP-10670-2006 Date of decision: 16.02.2017 Punjab State Co-operative Supply & Marketing Federation Ltd. ..... Petitioner

Versus

Chief Commissioner of Income-tax and another ..... Respondents

CORAM:

HON'BLE MR. JUSTICE AJAY KUMAR MITTAL HON'BLE MR. JUSTICE RAMENDRA JAIN PRESENT: Mr. Sanjay Bansal, Senior Advocate with Mr. BM Monga and Mr. Amit Parsad, Advocates for the petitioner.

AJAY KUMAR MITTAL, J. (ORAL) CM-2008-2017 This is an application under Rule 32 of the writ jurisdiction (Punjab & Haryana) Rules, 1976 read with Section 151 CPC for placing on record the subsequent events including the orders Annexures P-9 and P-10. Notice of the application to learned counsel for the nonapplicant/respondents. At the asking of Court Ms. Urvashi Dhugga, Advocate accepts notice on behalf of non-applicant/respondents. After hearing learned counsel for the parties, the application is allowed. The copies of orders Annexures P-9 and P-10 filed along with the application are taken on record, subject to all just exceptions. Rishu Kataria 2017.02.20 10:22 I attest to the accuracy and authenticity of this document

CM-2008-2017 in/and CWP-10670-2006 -2CWP-10670-2006 At the joint request of learned counsel for the parties, the main writ petition is taken up for hearing today itself. Learned counsel for the petitioner submitted that in view of the subsequent development whereby the income of the petitioner-assessee has been assessed at NIL figure, therefore, the question with regard to levy of interest under of Section 234B of the Income Tax Act, 1961 has been rendered academic. In view thereof, learned counsel submitted that he may be allowed to withdraw this petition.

Learned counsel for the respondents has no objection to the withdrawal of petition.

Ordered accordingly.

( AJAY KUMAR MITTAL ) JUDGE February 16, 2017 ( RAMENDRA JAIN ) rishu JUDGE Whether speaking/reasoned Yes/No Whether Reportable Yes/No Rishu Kataria 2017.02.20 10:22 I attest to the accuracy and authenticity of this document