The Commissioner Of Income-Tex Patiala v. Sarabjit Singh Kandhari

IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH

ITA-330-2015 (O&M) and X-Obj-265-CII-2016 (O&M) Date of Decision: 30.7.2018 The Commissioner of Income Tax, Patiala ...Appellant.

Versus

Shri Sarabjit Singh Kandhari

...Respondent.

CORAM:- HON'BLE MR. JUSTICE AJAY KUMAR MITTAL. HON'BLE MR. JUSTICE AVNEESH JHINGAN.

PRESENT: Mr. Z.S. Klar, Sr. Standing Counsel for the appellant. Mr. Sachin Bhardwaj, Advocate and Mr. Divya Suri, Advocate for the respondent.

AJAY KUMAR MITTAL, J.

1.

Learned counsel for the appellant-revenue states that since the tax effect involved is ` 27,99,838/-, he has instructions to withdraw the present appeal as well as the applications in view of Circular No.03/2018, dated 11th July, 2018, issued by the Central Board of Direct Taxes, New Delhi. However, he has prayed that liberty be granted to the revenue to file an application for revival of the appeal in case something survives therein. 2.

Dismissed as withdrawn with liberty as prayed for. It is, however, clarified that withdrawal of the appeal by the revenue shall not be taken to be affirmation of order of the Tribunal on merits. Further, the legal issue as claimed by the revenue is being left open to be adjudicated in an appropriate case.

3.

Learned counsel for the respondent prays for withdrawal of the cross-objections and the applications filed therewith. 4.

Ordered accordingly.

(AJAY KUMAR MITTAL) JUDGE July 30, 2018 (AVNEESH JHINGAN) gbs JUDGE Whether Speaking/Reasoned Yes/No Whether Reportable Yes/No Gurbachan Singh 2018.08.01 12:51 I attest to the accuracy and integrity of this document