IN HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH ITA No. 474 of 2018 (O&M) Date of Decision: 26.8.2019 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 appellant. ***** AJAY TEWARI, J. (ORAL) Learned counsel for appellant-revenue has very fairly stated that since tax effect involved is less than Rs. One crore, he has instructions to withdraw present appeal in view of Circular dated 17/2019 dated 08.08.2019 issued by Central Board of Direct Taxes, New Delhi. However, he has prayed that liberty be granted to revenue to file application for revival of appeal in case something survives therein. Dismissed as withdrawn with liberty as prayed for. Further legal issue as claimed by revenue is being left open to be adjudicated in appropriate case. (AJAY TEWARI) JUDGE (HARNARESH SINGH GILL) August 26, 2019 JUDGE Gurpreet Whether speaking /reasoned : Yes Whether Reportable : No 1 of 1 ::: Downloaded on - 29-08-2019 11:49:25 ::: Principal Commissioner of Income-tax, Gurgaon v. BMW India Pvt. Ltd