The Pr. Commissioner Of Income Tax(Central), Lidhiana v. M/S Palace Jewellers Pvt. Ltd., B-Xix, 546, Govt College Road, Civil Lines Ludhiana

YOGESH SHARMA 2019.11.29 15:32 I attest to the accuracy and integrity of this document

IN THE HIGH COURT OF PUNJAB AND HARYANA

AT CHANDIGARH ITA-252-2019 (O&M) Date of decision : 27.11.2019 The Pr. Commissioner of Income Tax (Central), Ludhiana ... Appellant

Versus

M/s Palance Jewellers Pvt. Ltd.

... Respondent

CORAM:

HON'BLE MR. JUSTICE AJAY TEWARI HON'BLE MRS. JUSTICE ALKA SARIN

Present:

Mr. Rajesh Katoch, Senior Standing Counsel with Ms. Pridhi Jaswinder Sandhu, Junior Standing Counsel, for the appellant.

**** AJAY TEWARI, J. (ORAL) 1.

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.

2.

Dismissed as withdrawn with liberty as prayed for. 3.

Since the main case has been dismissed, the pending C.M. Application, if any, also stands disposed of. ( AJAY TEWARI ) JUDGE ( ALKA SARIN ) JUDGE 27.11.2019 Yogesh Sharma Whether speaking/reasoned Yes/ No Whether Reportable Yes/ No