The Pr. Commissioner Of Income Tax, Gurgaon v. M/S Machino Polymers Ltd.

IN THE HIGH COURT OF PUNJAB & HARYANA, CHANDIGARH

Sr. No.: 205 ITA No.443 of 2018 (O & M) Date of Decision: August 17, 2019 Pr. Commissioner of Income Tax, Gurgaon ..... APPELLANT

VERSUS

M/s Machino Polymers Ltd.

..... RESPONDENT . . .

CORAM:

HON'BLE MR. JUSTICE AJAY TEWARI HON'BLE MR. JUSTICE HARNARESH SINGH GILL . . .

PRESENT: - Mr. Tajender Joshi, Senior Standing Counsel for the appellant - Revenue.

. . .

Ajay Tewari, J (Oral) Learned counsel for the appellant-revenue has very fairly stated that since the tax effect involved is less than ` 1 crore, he has instructions to withdraw the present appeal in view of Circular dated 17/2019 dated 08.08.2019 issued by the Central Board of Direct Taxes, New Delhi. However, he has prayed that liberty be granted to revenue to file an application for revival of the appeal in case something survives therein.

AVIN KUMAR 2019.08.19 16:08 I attest to the accuracy and integrity of this document

ITA No.443 of 2018 [2] Dismissed as withdrawn with liberty as prayed for. Further the legal issue as claimed by the revenue is being left open to be adjudicated in an appropriate case.

(Ajay Tewari) Judge (Harnaresh Singh Gill) August 17, 2019 Judge avin Whether Speaking/ Reasoned:

Yes/ No Whether Reportable:

Yes/ No AVIN KUMAR 2019.08.19 16:08 I attest to the accuracy and integrity of this document