Principal Commissioner Of Income Tax v. M/S Achiever Builders Pvt Ltd

IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH ITA No. 46 of 2016 (O&M) Date of Decision: March 10 , 2016.

Principal Commissioner of Income Tax, Faridabad ...... APPELLANT (s)

Versus

M/s Achiever Builders Pvt. Ltd.

...... RESPONDENT (s) CORAM:- HON'BLE MR.JUSTICE MAHESH GROVER HON'BLE MRS.JUSTICE LISA GILL

Present:

Ms. Urvashi Dhugga, Advocate for Mr. Tajender K.Joshi, Advocate for the appellant.

***** MAHESH GROVER, J.

Learned counsel for the appellant-revenue states that the tax effect involved in the present case is `11,14,535/-, she has instructions to withdraw the present appeal in view of the circular No.21/2015, dated 10.12.2015 issued by the C.B.D.T., New Delhi. However, she prayed that liberty be granted to the revenue to file an application for revival of the appeal in case something survives therein.

Dismissed as withdrawn with liberty as prayed for.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.

( MAHESH GROVER ) JUDGE ( LISA GILL ) March 10 , 2016.

JUDGE 'om'

OMKAR SINGH 2016.03.11 10:10 I attest to the accuracy and authenticity of this document Chandigarh