Commissioner Of Income Tax Ludhiana v. M/S Oswal Woollen Mills

HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH **** CM-555-CII-2016 in/and ITA No.162 of 2002 (O&M) Date of Decision: 27.04.2016 **** Commissioner of Income Tax (Central), Ludhiana ... Appellant VS.

M/s Oswal Woollen Mills Ltd.

... Respondents **** CORAM: HON'BLE MR.JUSTICE SURYA KANT HON'BLE MR.JUSTICE A.B. CHAUDHARI ****

Present:

Mr. Rajesh Katoch, Advocate for the appellant None for the respondent **** SURYA KANT, J. (Oral)
(1)
The respondent has filed this application along with affidavit urging that since the tax effect in the instant case is not more than
0 lacs, the Revenue appeal is liable to be withdrawn in view of Circular dated 10.12.2015 (R1).

(2)
Counsel for the Revenue submits and rightly so that in case it is found that the tax effect is more than
20 lacs, in that event, liberty may be granted to the Revenue to seek revival of this appeal. Request is accepted.

(3)
The appeal is dismissed as withdrawn subject to the liberty afore-mentioned.













 

 

 

 


      




 
 


 


 


 

 

 

 

 

V.VISHAL 2016.05.03 11:31 I attest to the accuracy and authenticity of this document