The Pr. Commissioner Of Income Tax, Gurgaon v. M/S Bmw India Pvt. Ltd.

IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH ITA No. 474 of 2018 (O&M) Date of Decision: 26.8.2019 The Principal Commissioner of Income Tax, Gurgaon .......Appellant Vs.

M/s BMW India Pvt. Ltd.

.......Respondent CORAM: HON'BLE MR. JUSTICE AJAY TEWARI HON'BLE MR. JUSTICE HARNARESH SINGH GILL

Present:

Mr. Tajender K. Joshi, Senior Standing Counsel for the appellant.

***** AJAY TEWARI , J. (ORAL) Learned counsel for the appellant-revenue has very fairly stated that since the tax effect involved is less than Rs. One 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. Dismissed as withdrawn with liberty as prayed for.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 26, 2019 JUDGE Gurpreet Whether speaking /reasoned : Yes Whether Reportable : No GURPREET SINGH 2019.08.27 16:58 I attest to the accuracy and authenticity of this document chandigarh